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Announced

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Barilla completed the acquisition of Ebro Group's dry pasta business for $125m.

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.

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