Leading Spanish company Ebro Foods through its American subsidiary Riviana Foods has reached an agreement to purchase the assets of InHasvest for $48.75 million. InHarvest is a premier provider of rice, rice blends, exotic grains, & legumes with a strong presence in the industrial (B2B), Food Service, and Private Label businesses. The deal includes two production plants in California with a workforce of 140 people, generating a turnover of USD …
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Riviana Foods
North American company, Riviana Foods, has announced an investment of $15 million in the expansion and improvement of its Memphis rice facility. The investment will be used to renovate and update the existing processing lines, controls, and rice transfer system. The improvements will increase reliability, volume output, productivity, and efficiency, according to sources. “This is an exciting time for Riviana and our employees as we continue to improve our operations …
8th Avenue Foods & Provisions, an affiliate of Post Holdings, has entered into an agreement to acquire Ronzoni dry pasta from Riviana Foods, a subsidiary of Ebro Foods for $95 million. The divestment comes after Riviana Foods sold a majority stake in its USA branded pasta portfolio to TreeHouse Foods and Ebro Foods sold Catelli dry pasta to Barilla in Canada. Scott McNair, CEO of 8th Avenue said, “We are …
Riviana Foods, a leading US rice and pasta firm, has announced it has expanded its production capacity for microwaveable rice products under the Minute rice brand via a $27 million investment. The firm, which claims to be the largest processor, marketer and distributor of branded and private label rice products in the US, said the investment would double current operational output, adding that it was the second time in three years that …
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