Bertolli Olive Oil Business Sells for $1B

July 21, 2008 at 9:52 am

Unilever to sell Bertolli olive oil business for $1 billion

LONDON (MarketWatch) — Unilever said it’s selling its Bertolli olive oil unit to Grupo SOS for 630 million euros, or about $1 billion. The transaction includes the sale of the Italian Maya, Dante, and San Giorgio olive oil and seed oil businesses, as well as the factory at Inveruno, Italy. Unilever will retain the Bertolli brand for all other categories including margarine, pasta sauces, and frozen meals. The units being sold had 2007 revenue of 380 million euros.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

More @ DollarDrops.com:Baxter earns 85 cents a share in second quarter

NCI first-quarter profit shrinks to 39 cents a share

Cytec third-quarter net profit $1.06 a share vs 52c

Blockbuster fourth-quarter income jumps to $41 million

Eastman Kodak back to profit, while sales slip

Original post by Forextvblog

Advertisements

Entry filed under: Food and Cooking. Tags: , , , , , , .

Grande Produce, LTD.CO Recalls Jalapeno Peppers, Serrano Peppers, and Avocados Food Emmies!


RSS NEW WannabeTVchef.com Blog

  • An error has occurred; the feed is probably down. Try again later.

Stuart Reb Donald

Stuart is a celebrity chef and award winning food writer. Donald performs live cooking demonstrations and penned the cookbook Amigeauxs - Mexican/Creole Fusion Cuisine. He hosts two Internet cooking shows "Everyday Gourmet" and "Little Grill Big Flavor."

Twitterized

Archives

Watch me on ifood.tv!

%d bloggers like this: