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 […]

18 Mar

USDA approval for 1st U.S. Release of Authentic Olive Trees From Israel

With a hard-earned U.S. Department of Agriculture signoff now in hand, TreeswithMeaning.com becomes one of the first companies in the U.S. approved to bring living olive trees from Israel to the North American market. For owners–and brothers–Bruno and Jerome Schneider, building the company was an intricate business challenge requiring four years of negotiations, planning and […]

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 […]

12 Mar

Indigenous olive oil project reaches an ‘interesting stage’

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 […]

05 Mar

sos cuetara targets 150 million eur from disposals

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 […]