Supply Chain

Pompeian And DCOOP Extend Olive Oil Partnership

Share this article

US olive oil importer and manufacturer Pompeian Group has strengthened its partnership with Spanish olive oil cooperative DCOOP Group.

A new agreement has been signed that increases the companies' stakes in one another from 20% to 50%. As a result, both companies will boost their positions in the US, a growing olive oil market that currently consumes more than 300,000 tonnes per year.

The two companies say that Pompeian will bring its commercial capacity in both bulk and packaging in different countries, while DCOOP brings its strength in the quality production and efficient supply of olive oil.

Both groups will share a 50% stake in Mercaoleo, which possesses two bottling plants in Antequera, Malaga, as well as a 25% stake in Qorteba Internacional, which includes an olive oil refinery and storage facility in Alcolea, Córdoba.

For its part, DCOOP has made a significant investment into the Pompeian olive oil operations in the US, which includes bottling plants on both the East and West coast, and bulk oil trading operations.

© 2017 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. Click subscribe to sign up to ESM: The European Supermarket Magazine

Stay Connected With Our Weekly Newsletter

Processing your request...

Thanks! please check your email to confirm your subscription.

By signing up you are agreeing to our Terms & Conditions and Privacy Policy
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days
Enjoy unlimited digital access for 30 days
Get exclusive access to the latest grocery retail & FMCG news, interviews with industry leading executives, and expert analysis on the trends shaping the sector today
Enjoy unlimited digital access for 30 days

Copyright © 2022. All rights reserved. Developed by Square1 and powered by PublisherPlus.com