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Ebro Foods SA To Sell Its Nomen Business Unit to Arrossaires del Delta de L’ebre SCCL; Acquires Warehouse in Tarragona
Ebro Foods SA (Ebro) announced that it has reached an agreement to sell its Nomen business unit to Arrossaires del Delta de L’ebre SCCL (Arrossaires) at a total value of EUR 30.1 million. Ebro, as an initial payment of the transaction, will receive from Arrossaires a warehouse located in La Aldea (Tarragona), which is valued at EUR 1.5 million, as well as 13 annual payments worth EUR 2.9 million. Other details were not disclosed.
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