Announced
Completed
Financials
Sources
Tags
Spain
Food Products
dry pasta
Acquisition
Friendly
Private
Cross Border
Single Bidder
Majority
Completed
Synopsis
Barilla, a provider of manufacturing and distribution of flour products including pasta, sauces and bread, completed the acquisition of dry pasta business of Ebro Group, a multinational food group operating in the rice, pasta and sauces sectors, through its subsidiary Catelli Foods, a food processing company, and Riviana, a company that processes, markets, and distributes rice products, for $125m. The Ebro Group will maintain its presence on the Canadian market through its brands Garofalo, Olivieri and rice focusing its resources in Canada on these brands.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.