date:Dec 18, 2013
ill receive of about 21.5 million in the deal plus 50% of EBITDA generated by the German business sold during the next five years, an amount which is expected to produce an additional 7.5 million.
This transaction represents further progress in Ebro Foods' current strategic plan, which aims, among other goals, to concentrate efforts and resources in the business areas in which it is able to maintain or increase the profitability ratios hitherto achieved by the company, Ebro Foods said.
The Bir