Grupo SOS Buys Carapelli | The Olive Oil Source

Grupo SOS Buys Carapelli

Source: The Olive Oil Source
February 05, 2006

Spanish food group Grupo SOS announced with would acquire Italian olive oil bottler and distributor Carapelli Firenze SpA in a deal valued at $199.7 million. Carapelli has an 8% market share in the US and strong sales elsewhere in Europe. In 2004 Grupo SOS acquired another Italian distributor, Minerva Oli SpA.