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The politically-charged takeover battle for Deoleo has ended, with the purchase of the company by a UK-based private equity firm. Concluding a months-long bidding war, Deoleo’s majority shareholders – a group of four Spanish banks – have agreed to sell 29.99% of the company to the UK-based firm CVC Capital Partners.
Olive oil arouses a great deal of passion in Spain, and the news that Italians are looking to take a huge bite out of the country’s market leader Deoleo has sent the Spanish government scurrying to defend the company. Spain is the world’s largest olive producer and national food giant Deoleo is the world’s biggest…
(Reuters) – Spanish olive oil manufacturer Deoleo said on Thursday all offers received for a 31% stake in the firm had been below Wednesday’s closing share price, 0.42 euros per share.
New Zealand entries have traditionally performed very well at the LA International EVOO Competition, however many producers find the relatively early timing of the event difficult – entries close on 3 July, with judging on 17-18 July. Olives NZ has therefore once again negotiated with the organiser that, provided members submit their entry and payment…
Trees dripping with olives are begging for an early harvest, and that means a hefty workload for growers who also have grapes to pick. Sunny weather and light showers have resulted in bumper crops and two months of intense activity. Growers usually have a break between harvests – but not this year.
The judging panel for the 2014 NZ EVOO Awards has been finalised and once again includes both international and New Zealand judges. The original Sensory Panel members are being rotated through the judging panel to make use of their valued expertise, and at least one international and one local judge will return for some continuity,…
Rangihoua Estate’s Waiheke Blend and Picual Extra Virgin Olive Oil were hand selected to be part of 15 culinary products showcased to international media at Rydges Hotel in Wellington.
The 2014 Certification documentation has been loaded to the Olives NZ website and personalised packs will be sent to members in May. Northland, Auckland and Waiheke Island members should already have received theirs. The cost has been kept the same as in 2011 and 2012/2013 but growers will now receive additional results of Polyphenol, Bitter…
A New Zealand family of four could save as much as NZ$49 (US$41.80) per week by avoiding the supermarket when buying their fruit and vegetables, a new study suggests.
The closing date for ONZ Grove Census data to be included in the new 2014 report is 30 April. Showing comparisons of tree performance within a region and across regions for 2013, along with myriad other summarised data, the report will enable growers to make informed decisions about harvest timing and suitable tree varieties. Details…