Dubai: Prices of basmati rice, which is becoming more of a luxury product, will continue to remain strong until next year due to increasing demand and shrinking supply, rice retailer Tilda has warned.
US food group Hain Celestial has sold its Tilda basmati rice brand to Spain-based Ebro Foods for US$342m in cash as it continues with a programme to trim its portfolio. Nasdaq-listed Hain, which has ...
Five years after losing out on buying Tilda to Hain Celestial, Spain-based Ebro Foods has acquired the UK rice business. Dean Best explores the reasons behind the deal. Ebro Foods has finally got its ...
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