Los fondos CVC y Alchemy fijan un plazo límite para la venta de Deoleo
Los accionistas de la aceitera, que controla marcas como Carbonell o Bertolli, buscan firmar la compraventa en un plazo de alrededor de un mes. Leer
The risk capital firms CVC and Alchemy have set a deadline for the sale of the Spanish olive oil company Deoleo, with interested groups having until October 26th to submit binding offers. The Italian family-owned Coricelli, which made a €500 million bid last summer, is currently seen as the frontrunner. The second highest offer, close to €500 million, comes from Spain's Acesur, owned by the Guillén family and controlling brands such as Coosur and La Española.
The third bid, around €470 million, is from Andalusian cooperative Dcoop. These offers were not binding, but recently CVC and Alchemy informed interested parties that the deadline is October 26th to present a final bid confirming their willingness to pay. The Italian Coricelli, with a €1.1 billion turnover and €60 million EBITDA, would boost its operations to €2 billion if it acquires Deoleo, positioning itself as a leader in Spain and Italy, as well as strengthening its presence in the US.
Acquiring Deoleo would also help Coricelli maintain its headquarters, jobs, and facilities in Spain. However, Acesur's acquisition could face competition issues due to its control over five leading Spanish brands. Dcoop is currently the most willing bidder, but would need to divest its US operations (Pompeian) to complete the Deoleo deal.
Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
