Deoleo shareholders reviewing interest in olive-oil business

Deoleo, the world's largest olive-oil producer, is facing interest from its two biggest investors in reviewing their shareholdings. Ole Investments, a Dutch holding company of CVC Capital Partners, is the majority shareholder with a 50.996% stake, followed by ASO Lux 3 and ASO Lux 4, each holding 12.307% and 28.684% respectively.

CVC Capital and Alchemy Partners, the funds managing these ASO funds, are analyzing potential strategic alternatives for their interest in Deoleo, including the possibility of selling all or part of the assets and businesses. Spanish newspaper El Economista reports interest from competitors including Dcoop, Coricelli, New Princes Group, Avril, and Cobram Estate Olives in Australia.

Deoleo has issued an exchange filing in response to the reports, but no definitive decision has been made yet.