Ebro Foods
Ebro Foods, S.A. is a Spanish multinational food company based in Madrid, Spain. It is one of the world's largest producers of rice and pasta. The company operates in over 25 countries and has a significant presence in both the European and North American markets.
History
Ebro Foods was founded in 2000 as a result of the merger between Azucarera Ebro Agrícolas and Puleva. The company initially focused on the sugar and dairy sectors but later shifted its focus to rice and pasta. In 2001, Ebro Foods acquired the American rice company Riviana Foods, which marked the beginning of its international expansion.
Operations
Ebro Foods operates through various subsidiaries, including Riviana Foods, Panzani, and Lustucru. The company is divided into two main business segments: rice and pasta.
Rice
The rice segment is one of the core areas of Ebro Foods. The company produces a wide range of rice products, including white rice, brown rice, and specialty rice. Some of the well-known brands under this segment include Mahatma Rice, Carolina Rice, and Tilda.
Pasta
The pasta segment is another significant area for Ebro Foods. The company offers a variety of pasta products, including traditional pasta, whole wheat pasta, and gluten-free pasta. Notable brands in this segment include Panzani, Garofalo, and Catelli.
Corporate Social Responsibility
Ebro Foods is committed to sustainability and corporate social responsibility. The company has implemented various initiatives to reduce its environmental impact, such as sustainable sourcing of raw materials and reducing carbon emissions. Ebro Foods also engages in community development projects and supports various social causes.
Financial Performance
Ebro Foods is listed on the Madrid Stock Exchange and is a constituent of the IBEX 35 index. The company has shown consistent financial growth over the years, driven by its strong market position and strategic acquisitions.
See also
References
External links
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Contributors: Prab R. Tumpati, MD