Brief: Ebro Foods' US Subsidiary Riviana To Sell Dry Pasta And Noodles Assets To Treehouse Foods

Ebro Foods SA

05/11/2020 12:15

Nov 5 (Reuters) - Ebro Foods SA  EBRO.MC :
    * US SUBSIDIARY RIVIANA HAS ARRANGED SALE OF ASSETS OF DRY
PASTA
AND NOODLES BUSINESS IN USA TO AMERICAN ITALIAN PASTA COMPANY
TREEHOUSE FOODS
    * BUSINESS SOLD COMPRISES A SET OF EBRO GROUP’S DRY PASTA
AND
NOODLES BRANDS IN THE USA AND THE ST. LOUIS PLANT
    * EBRO GROUP WILL PRESERVE ITS ICONIC NATIONAL BRAND RONZONI
AND
ITS WINCHESTER AND FRESNO PLANTS
    * ASSETS TRANSFERRED HAVE BEEN VALUED AT USD 242.5 MILLION
(VALUE
OF 100% OF THE BUSINESS)

Source text for Eikon:  ID:nCNMbzmfTB 
Further company coverage:  EBRO.MC 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))