date:Apr 15, 2014
ision to sell the company to CVC was not supported by all Deoleo's shareholders, reported The Wall Street Journal.
An olive oil farmer cooperative that holds 10% holding in Deoleo was quoted by the international daily as saying that it was disappointed by the Spanish banks' decision to sell to a foreign investor when there were clear alternatives in the process giving the company a viable future with Spanish ownership.
Deoleo, which holds 22% sales of bottled olive oil worldwide, generated rev