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The biggest seller of olive oil in the world, owner of relevant brands like Bertolli, Carbonell, Koipe
Owned by mainly private equity fund who went into the Companys 4 years Ago when it was restructured due to it's unbearable debt.
New shares of the Companys where issued, part of the debtors acquired 50% of the Companys and CVC acquired a relevant stake.
The refinancing agreement setas any owner with ata least 25% of the Companys can force the other owners to a sello from 2025.
The olive oil sector faced the worst years in it's history due to poor harvesting. Thais it's improvimg in 2024.
Ata least expected to end 2024 with 40 million Ebitda and less than 100 million debt.
Likely to be sold in the Next 3 years.
Hired new CEO to grow the Company.
Future benefits are expected once olive oil prices normalize.
Dondld Trump victory may affect their performance in USA due to posible tarifas
Olive oil is very healthy ant very little Consumer in the world with the exception of mediterránea countries. Every years more studies prove it's benefits for halth.
I finde likely the Company to be vlued and sold ata at least 0,41€ pero shares, with great upside if next years are good Inés.
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