Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service

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...

hef - 18045
Madrid, Spagna, 03/31/2021 11:58
EFA News - European Food Agency

Similar

IndustryNewlat food, sales up in 2023

Consolidated net profit jump to Euro 15.5 million (+135.2%)

President Mastrolia on Princes: "Great work in the acquisition attempt, British group with a turnover of about 2 billion Euros. Although the transaction had interesting strategic potential, Newlat considered that the current UK market environment required more caution". more

IndustryMontenegro Group chooses Centric PLM to accelerate development and innovation

Historic food and alcoholic beverage company implements software coming out of Silicon Valley

Centric Software, the Product lifecycle management market leader, announce that Gruppo Montenegro, Italian food and spirits market leader, went live with their Centric Plm implementation in 3 months. They... more

IndustryOlive Ficacci's turnover soars: reached 34 million euros, + 50% on 2020

The USA is the second largest market after Italy. But those of Japan, China and the Middle East are also opening

The Castel Madama (Rome) company also enjoys an excellent positioning in countries where the olive is at home such as Spain, Greece and Portugal, as well as in Northern Europe, South Africa and South America, where Colombia counts as last market reached in the first quarter of 2024 more