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Spanish food group SOS Cuetara has agreed to sell its olive oil brand Dante and the other brands of its Minerva Oli unit to Italian sector player Mataluni for some EUR34m (US$45.6m) The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme. Dante has annual sales of some 10 million […]

Over 90% of all the olive oil in the world comes from groves in the Mediterranean region. Now two of the most prominent families from the region, Devico and Moreno, have formed an alliance to bring more high quality olive oil to the United States and the world. Among the key beneficiaries of the alliance […]

Olive pressing increases 30 times in 10 years! By Joanna Ripard, Retired jeweller Sam Cremona’s brainchild, the Project for the Revival of the Indigenous Maltese Olive (Primo), is at an “interesting stage” and is just three years away from its interim target of 10,000 trees producing the Bidnija olive. “We need to have 30,000 trees […]

By Zoë Casey, All olive oils, from Spain’s golden nutty olive oils to Italy’s dark green grassy-flavoured olive oils, will be labelled with their country of origin from 1 July 2009, the European Commission said today. Currently, olive oils are labelled with their country of origin on a voluntary basis, but Mariann Fischer Boel, the […]

Spanish food company SOS Cuetara (SOS.MC) expects to make between 100 million and 150 million euros (($125.8-$188.8 million) from the sale of further non-core assets, a company official said on Thursday. SOS is in the process of selling non-core businesses such as its olive oil, vinegar and sauce brands as part of efforts to pay […]