April 06, 2008
Greenbrae, California (April 6, 2008) -- Lisa and John Deane announced today that they have sold their Olive Oil Source business to Shawn and Antoinette Addison. The Olive Oil Source has been the primary supplier of equipment and support products for the rapidly growing California Olive Oil industry. The business will continue to operate under the name The Olive Oil Source.
The Deanes decided to sell The Olive Oil Source for family commitment reasons. It was a difficult decision as they have enjoyed knowing and working with everyone in this new and exciting industry. They expressed their thanks to their customers and suppliers in the California olive oil industry for the privilege of working with them over the past ten years. “We know that the company is in good hands with Shawn and Antoinette who have the experience and knowledge necessary to continue serving the industry into the future. We wish the Addisons and the entire California olive oil industry great success and growth,” Lisa said.
Shawn and Antoinette Addison first became involved in the olive oil industry when they inherited an olive orchard in the South of France from Antoinette’s father. In 2002, they created Figueroa Farms in the Santa Ynez Valley and immediately made their presence known in the industry. They planted thousands of trees on their property, which they farm organically, and managed some neighboring farms as well. In 2003, they purchased a state-of-the-art Pieralisi olive mill through The Olive Oil Source. Since then, they have milled many domestic and international award winning olive oils both for Figueroa Farms and for other producers. Figueroa Farms has become one of the most successful gourmet oil producers in California and their line of oils can be found in most gourmet grocery store chains and independent grocery stores. They have developed an outstanding reputation for the quality of their products and customer service. Figueroa Farms is a supporting member of the California Olive Oil Council (COOC) for which Shawn was a member of the Board of Directors from 2005 to 2007.
Shawn and Antoinette saw the acquisition of The Olive Oil Source as a unique opportunity to further their goal of playing a major role in developing the California olive oil industry. As a result of owning and managing Figueroa Farms, they have gained valuable experience at every step of the olive oil making process from farming to marketing. The purchase of The Olive Oil Source seemed like the perfect thing for them to do. “The Olive Oil Source clients will be able to benefit from our experience as olive growers and millers and we will be able to better serve our existing Figueroa Farms customers thanks to the wealth of resources afforded by The Olive Oil Source,” said Shawn. Antoinette added that “The Olive Oil Source has been the major resource for the olive oil industry in the United States, both as a supplier and a clearing house for information. We have always admired what Lisa and John have accomplished and we are now honored and excited to take over. We really look forward to continuing to grow and improve this dynamic business.”
For more information about The Olive Oil Source, please visit www.OliveOilSource.com, or Call (805) 688-1014, or Fax (805) 686-2887 Santa Ynez, CA, or e-mail Shawn@OliveOilSource.com.