Amira Nature Foods closes acquisition of German basmati rice distributor
date:Feb 02, 2014
f executive officer Karan A Chanana said, We are extremely pleased to complete the acquisition of Basmati Rice GmbH and look forward to growing their complementary distribution in Germany, Europe and particularly in the U.S., to further expand sales of the Amira brand.

We continue to believe this acquisition will be highly accretive as we grow our higher margin Amira branded Basmati rice business internationally and further leverage our vertically integrated operations.

In December, the compan
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