Announced
Completed
Financials
Sources
Tags
Acquisition
Private Equity
Friendly
Food Products
food production
Majority
Cross Border
Private
Single Bidder
France
Completed
Synopsis
CVC Capital completed the acquisition of the Panzani business of Ebro, a company in the Spanish food processing sector, for $647m. This divestment is in line with Ebro’s strategic goals for the period 2019-2021 and would enable Ebro to further concentrate its resources with a view to strengthening and expanding its premium, fresh pasta and convenience businesses.
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