M&A Deal Summary

Associated British Foods Acquires Azucarera Ebro S.L.

On April 30, 2009, Associated British Foods acquired food company Azucarera Ebro S.L. from Ebro Foods SA for 385M EUR

Acquisition Highlights
  • This is Associated British Foods’ 3rd transaction in the Food sector.
  • This is Associated British Foods’ 0th largest (disclosed) transaction.
  • This is Associated British Foods’ 1st transaction in Spain.

M&A Deal Summary
Date 2009-04-30
Target Azucarera Ebro S.L.
Sector Food
Buyer(s) Associated British Foods
Sellers(s) Ebro Foods SA
Deal Type Divestiture
Deal Value 385M EUR

Target

Azucarera Ebro S.L.

Madrid, Spain
Azucarera was the second largest Spanish manufacturer of sugar.

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Buyer(S) 1

Buyer

Associated British Foods

London, United Kingdom
Category Company
Founded 1935
Sector Food
Employees133,000
Revenue 19.8B GBP (2023)
DESCRIPTION

ABF is a group of businesses which enjoy a high degree of autonomy in the running of their operations. They are grouped into five business segments: sugar; agriculture; retail; grocery; and ingredients. Associated British Foods was incorporated in 1935 and is based in London, the United Kingdom.

DEAL STATS #
Overall 4 of 7
Sector (Food) 3 of 5
Type (Divestiture) 1 of 1
Country (Spain) 1 of 1
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-19 Illovo Sugar

Durban, South Africa

Illovo Sugar Ltd. is a sugar producer and manufacturer of downstream products. High-value products manufactured downstream of the sugar production process are sold internationally into niche markets.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-08 Illovo Sugar

Durban, South Africa

Illovo Sugar Ltd. is a sugar producer and manufacturer of downstream products. High-value products manufactured downstream of the sugar production process are sold internationally into niche markets.

Buy -

Seller(S) 1

SELLER

Ebro Foods SA

Madrid, Spain
Category Company
Sector Food
DESCRIPTION

Ebro Foods, S.A., formerly Ebro Puleva, is the leading company in the Spanish food processing sector. Ebro Foods is the world's largest traders/miller of rice and the second biggest producer of pasta. The company's head office is in Madrid.

DEAL STATS #
Overall 1 of 3
Sector (Food) 1 of 3
Type (Divestiture) 1 of 3
Country (Spain) 1 of 1
Year (2009) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-27 Panzani

Lyon, France

Panzani is involved in making dry pasta, semolina, couscous, and sauces under the Lustucru and Taureau Ailé brands. Panzani was formed in 1940 and is based in Lyon, France.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-04 Pastificio Lucio Garofalo

Gragnano, Italy

Pastificio Lucio Garofalo S.p.A. is a producer of pasta products. Pastificio Lucio Garofalo was formed in 1789 and is based in Gragnano, Italy.

Buy -
Mergr

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