Brief: Ebro Foods To Sell Its Brand Ronzoni and Plant In Winchester To 8th Avenue Foods & Provisions
29/03/2021 06:59
March 29 (Reuters) - EBRO FOODS SA EBRO.MC :
* SAID ON FRIDAY, DECIDED TO SELL THROUGH ITS US SUBSIDIARY
RIVIANA THE BRAND RONZONI AND THE DRY PASTA PLANT IN WINCHESTER
(VIRGINIA) TO 8TH AVENUE FOODS & PROVISIONS
* THE BUSINESS IS VALUED AT $95 MILLION
* CLOSING OF THE TRANSACTION WOULD GENERATE AN ESTIMATED NET
CAPITAL GAIN OF THE EBRO GROUP OF 25 MILLION EUROS
Source text for Eikon: urn:newsml:reuters.com:*:nCNM5RPGt1
Further company coverage: EBRO.MC
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00))