Ebro Foods S A : 2021.06.01 ENGLISH Ejecución venta activos Ronzoni y Winchester
June 01, 2021 at 03:52 am EDT
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TO THE NATIONAL SECURITIES MARKET COMMISSION (CNMV)
Madrid, 1 June 2021
Subject: Execution of the sale of the Ronzoni's dry pasta business and the dry pasta plant in Winchester
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 March 2021 (communication of Inside Information with registration number 819), yesterday was closed and executed the sale of the Ronzoni's dry pasta business and the dry pasta plant in Winchester, USA, by Riviana (US subsidiary of the Company) to 8th Avenue Foods & Provisions, since the conditions and formalities agreed in the contract have been fulfilled.
The price of the transaction, which was set at USD 95 million (notwithstanding any adjustment for working capital that may be applicable), will be received by Riviana today.
Yours faithfully,
Luis Peña Pazos
Secretary of the Board
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Ebro Foods SA published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 07:51:03 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.