Ebro Foods

Packaged Rice and Pastaebrofoods.es

Ebro Foods is a publicly traded Spanish multinational food group and the world's largest rice producer, operating 80+ brands in rice and pasta across Europe, North America, and emerging markets, selling through retail, food service, and industrial channels.

Company typePublic
Founded2000
HeadquartersMadrid, Spain
Headcount5,001–10,000
GTM typeB2C
OfferingHardware or Manufacturing

What Ebro Foods does

Ebro Foods, S.A. is a publicly traded Spanish multinational food group headquartered in Madrid (Paseo de la Castellana 20), listed on the Mercado Continuo under ticker EVA. Founded in 2000 through the transformation of Ebro Puleva, the company divested its dairy (sold to Lactalis for €630M in 2010) and sugar (sold to Associated British Foods in 2009) businesses to concentrate on two core divisions: Rice and Pasta. It operates more than 80 brands worldwide and is positioned as the global leader in rice, with brand leadership in Spain (Brillante, La Fallera, SOS, La Cigala), the UK and Middle East (Tilda), North America (Mahatma, Success, Minute, Riviana), France (Panzani, Lustucru), and Italy (Garofalo, Bertagni 1882, Ronzoni). After completing full ownership of Bertagni 1882 in January 2026, it is the world's second largest producer of fresh pasta.

The company's revenue model is consumer packaged goods sales (hardware_sales-equivalent) of branded rice and pasta products through retail grocery distribution, food service, and industrial supply channels. Its go-to-market is sales-led via major retail chains and distributors across Europe, North America, Middle East, Africa, Asia Pacific, and Southeast Asia, supported by brand marketing investment (approximately €26M in Q1 2026). Geographic split is 97% international versus 3% Spain by adjusted EBITDA. Pricing is not publicly disclosed, reflecting typical B2C/retailer-negotiated CPG economics.

In 2025, Ebro generated €3,013.6M in revenue (down 4% YoY due to deliberate retail price lowering and €49.44M FX impact), record adjusted EBITDA of €420.6M (up 1.8%), and net profit of €214.8M (up 3.4%). Rice Division contributed €2,326M turnover and €337.5M adjusted EBITDA; Pasta Division contributed €690.3M turnover and €99.3M adjusted EBITDA. CAPEX was €134.9M, dividends €111.6M, and net debt declined to €529.4M. Q1 2026 saw revenue of €755.5M (down 4.6%) with net profit up 5.4% to €52.9M and net debt reduced by €140M to €459.9M. Headcount is 5001-10000, consistent with this scale of multinational operations.

Ebro Foods firmographics

Firmographics

Name: Ebro Foods
Legal name: Ebro Foods, S.A.
Website: https://ebrofoods.es
Company type: Public
Founded year: 2000
Operating status: Operating
Headcount range: 5,001–10,000 employees
Short description: Ebro Foods is a publicly traded Spanish multinational food group and the world's largest rice producer, operating 80+ brands in rice and pasta across Europe, North America, and emerging markets, selling through retail, food service, and industrial channels.
Ownership category
akta.pro rank

Ebro Foods industry classification

Industry

Product category: Packaged Rice and Pasta
NAICS: Cookie, Cracker, and Pasta Manufacturing (31182), Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour (311824), Food Manufacturing (311)
SIC: Grain Mill Products (2040), Food And Kindred Products (2000)
akta.pro primary industry: Rice Cakes & Grain Snack Manufacturing (AFAKAIAK)
akta.pro secondary industries: Crackers, Biscuits & Grain Snacks Manufacturing (savory biscuits, crispbreads) (AFAKABAH), Specialty Snack Foods Manufacturing (Ethnic/Regional, Gourmet, Functional) (AFAKAIAO)

Keywords

Rice production
Pasta manufacturing
Packaged food products
Consumer food brands
Rice and pasta

Where Ebro Foods is headquartered

Location

Headquarters

HQ city: Madrid
HQ country: Spain
HQ region: Europe

Offices1 record

Markets served

Ebro Foods business model

Business model

GTM type: B2C
Offering type: Hardware or Manufacturing
Cost components: Supply Chain, Operations, Marketing or Sales, Personnel, Technology or R&D

Revenue model

Rice Products: Production and sale of rice products under brands including Brillante, La Fallera, SOS, Tilda, La Cigala, Minute, Mahatma, Success, and others. Revenue generated from consumer packaged goods sold through retail channels.
Pasta Products: Production and sale of pasta products including dry pasta, fresh pasta, and gnocchi under brands such as San Giorgio, Pastificio Lucio Garofalo, Bertagni, and Garofalo. Revenue from retail and food service sales.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Ebro Foods product offering

Product offering

Core offering

Ebro Foods is a multinational food group that produces and sells rice and pasta products under more than 80 brands across two main divisions. The Rice Division produces commodity, premium, and convenience rice products (microwave cups, basmati, jasmine, long-grain), while the Pasta Division produces dry, fresh, and stuffed pasta including gnocchi under brands such as Garofalo, Bertagni 1882, Lustucru, San Giorgio, Ronzoni, and Catelli. Products are sold primarily through retail grocery channels and food service operators worldwide.

Product overview

Ebro Foods is a multinational food group operating in the rice, pasta, and sauces sectors. The company has a portfolio of more than 80 brands across three core business areas: the Rice Division (featuring brands such as Brillante, La Fallera, SOS, Tilda, La Cigala, Minute, Mahatma, and Success) and the Pasta Division (featuring premium brands such as Garofalo, Bertagni 1882, Lustucru, San Giorgio, Ronzoni, Catelli, and regional brands like No Yolks and Wacky Mac). Ebro positions itself as the global leader in rice and the world's second largest producer of fresh pasta. The company operates through two main divisions: the Rice Division and the Pasta Division, with products ranging from commodity rice and dry pasta to premium fresh pasta, microwaveable rice products, and gnocchi.

Differentiator

Problem solved

Functional benefit

Brands

Brillante: Rice brand
La Fallera
SOS
Tilda
La Cigala
Minute
Mahatma
Success
San Giorgio
Pastificio Lucio Garofalo
Bertagni 1882
Lustucru
Panzani
Ronzoni
Healthy Harvest
Olivieri

Products and services

Brillante Rice
Tilda Rice
SOS Arroz (SOS Rice)
La Cigala Rice
Mahatma Rice
Minute Rice
Success Rice
Garofalo Premium Pasta
Bertagni 1882 Stuffed Pasta
San Giorgio Pasta
Ronzoni Pasta
Lustucru Pasta
Panzani Pasta and Sauces
No Yolks and Wacky Mac Pasta

Quantifiable outcome

Record EBITDA of €420.6 million in 2025
+3 more outcomes

Companies that use Ebro Foods

Customer profile

Segments2 records

Ideal customer profiles2 records

Ebro Foods technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Ebro Foods partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

Southeast Asia Distribution PartnersminorChannel Partner/ Reseller/ Distributor · 1 November 2024Ebro Foods S.A. entered a distribution partnership across Southeast Asia in November 2024. This partnership extends the company's distribution network into the Southeast Asian market, which is part of their international expansion strategy. The partnership was identified as part of key recent developments in the rice flour market.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Ebro Foods competitors and assessment

Company assessment

Direct peers

De Cecco: Italian premium dry pasta manufacturer with global distribution. Closely comparable to Ebro's Garofalo and premium pasta brands on positioning, channel mix and target consumer.
Barilla Group: World's largest pasta company, headquartered in Italy with global distribution. Direct competitor to Ebro's Pasta Division across dry, fresh and premium pasta categories, overlapping on retail and foodservice channels worldwide.
SunRice: Australian-listed rice company operating across rice growing, processing and branded rice products globally. Directly comparable to Ebro's Rice Division in branded rice, geographic reach and category leadership.
Riceland Foods: US farmer-owned rice cooperative and one of the largest rice marketers in the United States. Directly comparable to Ebro's US rice subsidiaries (Riviana, Mahatma) on rice sourcing, milling and branded distribution in North America.
Pasta Zara: Italian dry and egg pasta manufacturer with international distribution. Competes with Ebro's Italian pasta brands (Garofalo, Lucio Garofalo) in mid-premium retail pasta and foodservice channels.

Others

Bunge Limited: Global agribusiness and grain trader with significant exposure to rice origination and oilseed processing. Not a direct branded competitor but a key supplier-adjacent peer in the rice and grain value chain that influences Ebro's raw-material economics.

Broad incumbents

General Mills: Large global packaged-food incumbent with pasta, rice and meals categories (e.g., Old El Paso, Progresso, Annie's). Competes with Ebro through overlapping grocery distribution and similar consumer staples portfolio, but operates across many other categories.
TreeHouse Foods: North American private-label food manufacturer with pasta, rice and side-dish product lines. Comparable to Ebro on packaged food manufacturing scale and retail channel relationships, though focused on private label rather than owned brands.
Mars Food (Ben's Original / Uncle Ben's): Mars Food owns Ben's Original (formerly Uncle Ben's), the most recognized global branded rice franchise. A broader incumbent competitor to Ebro's Mahatma, Minute and Tilda brands across mainstream and quick-rice categories.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Ebro Foods financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Ebro Foods leadership team

Management profile

Number of profiles

Ebro Foods subsidiaries and ownership

Company hierarchy

Subsidiaries9 records

Ebro Foods funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Ebro Foods M&A and investment

M&A and investment

M&A3 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Ebro Foods

What does Ebro Foods do?

Is Ebro Foods a public or private company?

Ebro Foods is a public company. It is classified as public and is currently operating.

When was Ebro Foods founded?

Ebro Foods was founded in 2000. It employs 5,001 to 10,000 people.

Where is Ebro Foods based?

Ebro Foods is headquartered in Madrid, Spain, in the Europe region.

How does Ebro Foods make money?

Two revenue lines are on record. Rice Products are the primary driver. The others are pasta Products.

Who are Ebro Foods's main competitors?

Direct peers on record are De Cecco, Barilla Group, SunRice, Riceland Foods and Pasta Zara. Bunge Limited is listed as an others. Broad incumbents are General Mills, TreeHouse Foods and Mars Food (Ben's Original / Uncle Ben's).

Does Ebro Foods have an API?

No public API is recorded for Ebro Foods.

What industry is Ebro Foods in?

Ebro Foods's product category is Packaged Rice and Pasta. Its primary akta.pro industry code is AFAKAIAK, Rice Cakes & Grain Snack Manufacturing, with a secondary code of AFAKABAH, Crackers, Biscuits & Grain Snacks Manufacturing (savory biscuits, crispbreads). Its NAICS code is 31182 and its SIC code is 2040.