April 15, 2021

Ebro Foods sells its dry pasta business in Canada to the Barilla Group for 106 million


Madrid

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The Ebro Foods company has closed and executed the contract for the sale of the ‘Catelli’ dry pasta business in Canada by Catelli Foods Corporation and Riviana, to the Barilla Group, for 106 million euros (165 million Canadian dollars).

According to the information sent this Saturday to the National Securities Market Commission (CNMV), the transaction price has been transferred to the bank accounts of the selling companies today.

The Ebr Groupor will continue to be present in the Canadian market with its brands Garofalo (dry pasta), Olivieri (fresh pasta and sauces) and rice (Minute Rice and Tilda).

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