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Riviana Foods sells the Ronzoni pasta brand to Post Holdings

The transaction is expected to be finalized in the second quarter of 2021

Riviana Foods, a subsidiary of Ebro, will sell the Ronzoni dry pasta brand to 8th Avenue Foods & Provisions, a Post Holdings subsidiary, in a deal worth $ 95 million. The sale includes the Ronzoni brand and a dry pasta manufacturing plant in Winchester, Virginia. Ronzoni generated net sales of approximately $ 102 million in 2019 and $ 115.8 million in 2020. The deal comes after Riviana sold most of...

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EFA News - European Food Agency