Archive for the 'Business' Category

21 Apr

Olive Oil Market during this Recession

With the global economy on rocky ground, sales of olive oil may be cloudy as the market shows signs of reaching maturity, according to market research publisher Packaged Facts new report, “Market Trend: Olive Oil in the U.S., 3rd Edition.” According to the report, the market for olive oil in the United States grew at […]

09 Apr

Pakistan: Italians keen to invest in olive oil production

Italian investors are keen to invest in olive oil production in Pakistan, said Italian Ambassador Vincenzo Prati while addressing the National Conference on “Olive oil Production in Pakistan: result and way forward” at Pir Mehr Ali Shah Arid Agriculture University Rawalpindi (PMAS-AAUR) on Wednesday. He said there was a dire need to establish interaction between […]

09 Apr

SOS Cuetara to sell Dante olive oil brand for EUR34m

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 (USD45.6m). The transaction, scheduled for completion in July, is in line with SOS Cuetara’s disinvestment programme. Dante has annual sales of some 10 million litres […]

03 Apr

SOS Cuetara to sell Dante Olive Oil and Minerva Oli to Mataluni

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 […]

12 Mar

Two Mediterranean Olive Oil Families Form an Alliance

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 […]