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Ebro Foods
Ebro Foods, S.A. (; ), formerly Ebro Puleva, is a Spanish food processing company. Ebro Foods is the world's largest producer of rice and the second biggest producer of pasta (its Panzani brand is a market leader in France). The company's head office is in Madrid. History In 2005, Ebro Foods sold Catesa Foods for $37.9m. Catesa Foods specializes in tropical fruits, flowers, and ornamental plants on Tenerife Island. Ebro was previously the largest manufacturer of value-added dairy products in Spain, until it sold this business unit to Lactalis in March 2010 for €630 million. It also was Spain's largest sugar producer prior to the divestment of that division to the British Sugar subsidiary of Associated British Foods in 2009. Ebro Foods operates in 23 countries worldwide. In December 2019, 55,000 pounds of rice from its brands, including Minute Rice and Mahatma Rice were donated to the Houston Food Bank. International development Ebro Foods entered the U.S. market in 2004 w ...
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Madrid
Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It is the Largest cities of the European Union by population within city limits, second-largest city in the European Union (EU), and its wikt:monocentric, monocentric Madrid metropolitan area, metropolitan area is the List of metropolitan areas in Europe by population, second-largest in the EU.United Nations Department of Economic and Social AffairWorld Urbanization Prospects (2007 revision), (United Nations, 2008), Table A.12. Data for 2007. The municipality covers geographical area. Madrid lies on the Manzanares (river), River Manzanares in the central part of the Iberian Peninsula at about above mean sea level. The capital city of both Spain and the surrounding Community of Madrid, autonomous community of Madrid (since 1983), it is also th ...
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Dairy Product
Dairy products or milk products are food products made from (or containing) milk. The most common dairy animals are cow, water buffalo, goat, nanny goat, and Sheep, ewe. Dairy products include common grocery store food around the world such as yogurt, cheese, milk and butter. A facility that produces dairy products is a ''dairy''. Dairy products are consumed worldwide to varying degrees. Some people avoid some or all dairy products because of lactose intolerance, veganism, Environmental issues, environmental concerns, other health reasons or beliefs. Types of dairy product Milk Milk is produced after optional Homogenization (chemistry), homogenization or pasteurization, in several grades after standardization of the fat level, and possible addition of the bacteria ''Streptococcus lactis'' and ''Leuconostoc citrovorum''. Milk can be broken down into several different categories based on type of product produced, including cream, butter, cheese, infant formula, and yogurt. ...
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Biofuel
Biofuel is a fuel that is produced over a short time span from Biomass (energy), biomass, rather than by the very slow natural processes involved in the formation of fossil fuels such as oil. Biofuel can be produced from plants or from agricultural, domestic or industrial Biodegradable waste, bio waste. Biofuels are mostly used for transportation, but can also be used for heating and electricity. Biofuels (and bioenergy, bio energy in general) are regarded as a renewable energy source. The use of biofuel has been subject to criticism regarding the "food vs fuel" debate, varied assessments of their Sustainable biofuel, sustainability, and ongoing deforestation and biodiversity loss as a result of biofuel production. In general, biofuels emit fewer greenhouse gas emissions when burned in an engine and are generally considered carbon-neutral fuels as the carbon emitted has been captured from the atmosphere by the crops used in production. However, life-cycle assessments of biofue ...
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Functional Food
A functional food is a food claimed to have an additional benefit beyond just nutrition (often one related to health promotion or disease prevention) by modifying the horticulture, cultivation of the native food or by food additive, adding ingredients during manufacturing. The term applies to traits purposely plant breeding, bred into existing edible plants, such as purple or gold potatoes having increased anthocyanin or carotenoid contents, respectively. Functional food manufacturing has the intent "to have physiological benefits and/or reduce the risk of chronic disease beyond basic nutritional functions, and may be similar in appearance to conventional food and consumed as part of a regular diet". The term also applies to food processing practices which include ingredients purposely added with the intent to improve the food health value and for marketing to specific consumer groups. The term was first used in the 1980s in Japan, where a government approval process for func ...
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Research And Development
Research and development (R&D or R+D), known in some countries as OKB, experiment and design, is the set of innovative activities undertaken by corporations or governments in developing new services or products. R&D constitutes the first stage of development of a potential new service or the production process. Although R&D activities may differ across businesses, the primary goal of an R&D department is to new product development, develop new products and services. R&D differs from the vast majority of corporate activities in that it is not intended to yield immediate profit, and generally carries greater risk and an uncertain return on investment. R&D is crucial for acquiring larger shares of the market through new products. ''R&D&I'' represents R&D with innovation. Background New product design and development is often a crucial factor in the survival of a company. In a global industrial landscape that is changing fast, firms must continually revise their design and range of ...
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New World Pasta
The New World Pasta Company, a wholly owned subsidiary of Ebro Foods, was a retail branded pasta manufacturer headquartered in Harrisburg, Pennsylvania. The company was formed in 1999 when the Hershey Company's pasta business was divested to a private equity group. After its formation, New World Pasta acquired the four remaining brands of Borden's pasta business in July 2001 that the American Italian Pasta Company had not purchased a month earlier (Prince, Creamette, Catelli, and Lancia). New World Pasta declared bankruptcy in 2004. In 2006 it was acquired by Ebro Puleva S.A., a food company based in Spain. As part of Ebro Puleva, New World Pasta acquired Strom Products in 2012, including the No Yolks and Wacky Mac brands. Effective January 1, 2017, American Rice, Inc., and New World Pasta Company merged into Riviana Foods Inc. On November 5, 2020, it was announced that the American Beauty, Creamette, Light 'n Fluffy, No Yolks, Prince, San Giorgio, Skinner, and Wacky Mac ...
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Private Label
A private label, also called a private brand or private-label brand, is a brand owned by a company, offered by that company alongside and competing with brands from other businesses. A private-label brand is almost always offered exclusively by the firm that owns it. However, in rare instances, the brand is licensed to another company. The term often describes products, but can also encompass services. The most common definition of a private label product is one that is outsourced: company A makes a product for company B, which company B then offers under their brand name. However, it can also define products made in retailer-owned firms. For example, in 2018, The Kroger Company had 60% of its private brands produced by third parties; the remaining 40% was manufactured internally by plants owned by Kroger. Private-label producers are usually anonymous, sometimes by contract. In other cases, they are allowed to mention their role publicly. Etymology The term ''private label' ...
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Minute Rice
Minute Rice is a brand of instant rice that cooks quickly, as the rice is parboiled and then dried prior to packaging. It was the first quick-cooking convenience white rice product on the US market. History Afghan inventor Ataullah K. Ozai‐Durrani devised a process in the late 1930s to pre-cook and then dry rice in a way that allowed the rice to be re-hydrated simply by boiling it quickly. Ozai-Durrani sold his method to General Foods in 1941 for several million dollars. General Foods first supplied this quick-cooking rice to the US Army, and then released Minute Rice commercially in 1946. An improved version of the product was released several years later. Minute Rice was heavily marketed throughout the 1950s in magazines including ''Life'' and '' Better Homes and Gardens''. In the 1990s, General Foods merged with Kraft and became Kraft General Foods, which became Kraft Foods in 1995. Around this time, sales of the product began to slip, which industry executives attributed t ...
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Riviana Foods
Ebro Foods, S.A. (; ), formerly Ebro Puleva, is a Spanish food processing company. Ebro Foods is the world's largest producer of rice and the second biggest producer of pasta (its Panzani brand is a market leader in France). The company's head office is in Madrid. History In 2005, Ebro Foods sold Catesa Foods for $37.9m. Catesa Foods specializes in tropical fruits, flowers, and ornamental plants on Tenerife Island. Ebro was previously the largest manufacturer of value-added dairy products in Spain, until it sold this business unit to Lactalis in March 2010 for €630 million. It also was Spain's largest sugar producer prior to the divestment of that division to the British Sugar subsidiary of Associated British Foods in 2009. Ebro Foods operates in 23 countries worldwide. In December 2019, 55,000 pounds of rice from its brands, including Minute Rice and Mahatma Rice were donated to the Houston Food Bank. International development Ebro Foods entered the U.S. market in 2004 w ...
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Associated British Foods
Associated British Foods plc (ABF) is a British multinational food processing and retailing company headquartered in London, England. Its ingredients division is the world's second-largest producer of both sugar and baker's yeast and a major producer of other ingredients including emulsifiers, enzymes and lactose. Its grocery division is a major manufacturer of both branded and private label grocery products and includes the brands Mazola, Ovaltine, Ryvita, Jordans, Kingsmill and Twinings. Its retail division, Primark, has some 384 stores across several countries, predominantly Germany, Ireland, Netherlands, Spain, and the UK. ACH Food Companies is an American subsidiary. Associated British Foods is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index. History 20th century The company was founded by Canadian W. Garfield Weston in 1935, initially as Food Investments Limited, with the name changing to Allied Bakeries Limited a month later. Bet ...
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British Sugar
British Sugar plc is a subsidiary of Associated British Foods and the sole British producer of sugar from sugar beet, as well as medicinal cannabis. History Early history The company was formed as the British Sugar Corporation in 1936, when the British Parliament nationalised the entire sugar beet crop processing industry via the ( 26 Geo. 5 & 1 Edw. 8. c. 18). At this time, there were 13 separate companies with 18 factories across the country. In 1972, it began selling its sugar products under the name of Silver Spoon. In 1977, a rights issue decreased the government holding from 36% to 24%. In May 1982, the company name was shortened to British Sugar plc, and later that year it was taken over by Berisford International. After a crash in property values affected Berisford, it was sold to Associated British Foods (ABF) on 2 January 1991. In 2004 the company took over independent sugar producers Billingtons, which was founded by Edward Billington and Son, as a tea and ...
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Divestment
In finance and economics, divestment or divestiture is the reduction of some kind of asset for financial, ethical, or political objectives or sale of an existing business by a firm. A divestment is the opposite of an investment. Divestiture is an adaptive change and adjustment of a company's ownership and business portfolio made to confront with internal and external changes. Motives Firms may have several motives for divestitures: # a firm may divest (sell) businesses that are not part of its core operations so that it can focus on what it does best. For example, Eastman Kodak, Ford Motor Company, Future Group and many other firms have sold various businesses that were not closely related to their core businesses. # to obtain funds. Divestitures generate funds for the firm because it is selling one of its businesses in exchange for cash. For example, CSX Corporation made divestitures to focus on its core railroad business and also to obtain funds so that it could pay off s ...
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