03 Jun
By Andrew Weil, Q: I understand that a magazine reported that a lot of the olive oil from Italy is adulterated with lesser oils and described ongoing fraud in the olive oil business. Do you have any information about this? A: I have read the article you mention, it reports that fraud remains a major […]
Posted in Articles, Business, Europe | U.K, Olive Oil by: Olives101
Comments Off on Spanish & Italian Olive Oil fraud’s adulteration
11 May
In an effort to avoid the local drop in sales, Spanish wine and olive oil producers decided to join forces and boost the export market over the next year through promotion and marketing campaign also supported by the Spanish government and EU with a budget between 18 and 45 million euros. The export market of […]
Posted in Europe | U.K, Olive Oil by: Olives101
Comments Off on Spanish olive oil producers get support from the EU to expand export markets
02 May
by Tracy Rucinski & Rodrigo de Miguel, Spain’s SOS Cuetara (SOS.MC), the world’s biggest olive oil bottler, said on Thursday it had fired its two top executives after discovering last month they had used company funds to buy SOS shares. “SOS Group’s board, which met today, has fired Jesus and Jaime Salazar Bello as chairman […]
Posted in Business, Europe | U.K, Olive Oil by: Olives101
Comments Off on SOS Cuetara’s top execs fired, shares suspended
09 Apr
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 […]
Posted in Business, Europe | U.K, Olive Oil by: Olives101
Comments Off on SOS Cuetara to sell Dante olive oil brand for EUR34m
03 Apr
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 […]
Posted in Business, Europe | U.K, Olive Oil by: Olives101
Comments Off on SOS Cuetara to sell Dante Olive Oil and Minerva Oli to Mataluni