Acesur and Dcoop win the bid for Deoleo, the owner of Carbonell
CVC and Alchemy, the main shareholders of the olive oil company, opt for the 100% Spanish offer over the proposal from Italian Coricelli and Spanish Migasa. The deal values the company at around 500 million euros.
A consortium formed by Spanish olive oil companies Acesur and Dcoop has been chosen as the preferred bidder to acquire Deoleo, a Spanish olive oil company owned by private equity firms CVC and Alchemy. The deal values Deoleo at around 500 million euros and eliminates concerns about the loss of Spanish control over a strategic company.
Deoleo, which owns brands such as Carbonell and Bertolli, reported revenues of 821 million euros and a profit of 19.7 million euros in 2025. The company's debt has been significantly reduced to 86 million euros after a refinancing deal with BlackRock and JPMorgan. Final terms of the transaction are expected to be negotiated in the coming days.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
