Ebro Foods S A : 2021.12.31 ENGLISH Ejecución venta pasta seca Panzani
December 31, 2021 at 07:17 am EST
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TO THE NATIONAL SECURITIES MARKET COMMISSION (CNMV)
Madrid, 31 December 2021
Subject: Execution of the sale of Panzani® dry pasta, semolina, couscous and sauces business
In pursuance of section 227 of the Securities Market Act, Ebro Foods, S.A. (the "Company") hereby submits the following
OTHER RELEVANT INFORMATION
In follow up to what was informed on 26 July 2021 (communication of Inside Information with registration number 1001), this morning was closed and executed the sale of the Panzani® dry pasta, semolina, couscous and sauces business to the French company Pimente Investissement, a vehicle majority owned by funds managed and/or advised by CVC Capital Partners VIII Limited or its affiliates.
The closing has been executed after the conditions and formalities agreed in the contract were fulfilled and the approval of the Extraordinary Meeting of the Shareholders of Ebro Foods, S.A. held on 15 December 2021 (communication of Other regulated and corporate information on that date with registration number 13186).
The price of the transaction (set at EUROS 550 million although subject to subsequent adjustments for debt and working capital) was received by Ebro Foods, S.A. this morning.
Yours faithfully,
Luis Peña Pazos
Secretary of the Board
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Ebro Foods SA published this content on 31 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 December 2021 12:16:02 UTC.
Ebro Foods SA is a Spain-based company primarily engaged in the food industry. The Company's product portfolio includes rice, pasta, cereals and diet products, legumes, as well as organic food, among others. The Company is also involved in the production of soft drinks, pharmaceutical products, animal feeds and biofuels. It markets its products under a variety of brands, such as SOS, Brillante, La Cigala, La Fallera, Saludaes, American Beauty, San Giorgio, 3 Glocken, Skinner, Geovita and Vegetalia, among others. The Company operates through numerous subsidiaries, such as Herba Ricemills SL, Herba Nutricion SL, Panzani SAS, Dosbio 2010 SL, Riviana Foods Inc, Ebro Foods Alimentacion SA, Azucarera Energias SA, Pastificio Lucio Garofalo SpA and Roland Monterrat SA.
EBRO FOODS, S.A. 
