US rice processor Riviana Foods has announced that it has closed the transaction with its European joint venture partner, Spanish food group Ebro Puleva, that creates a new UK joint venture.

The new venture combines Riviana’s UK subsidiary, Stevens & Brotherton (S&B), with Ebro Puleva’s subsidiary, Joseph Heap & Sons.

S&B markets and distributes branded and private label rice, dried fruit and other food products in the UK. Heap is a major supplier of rice flour and bulk rice to industrial customers and also offers the Peacock rice brand to ethnic foodservice markets.

The joint venture company will be owned 51% by Ebro Puleva and 49% by Riviana.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.