Unilever has announced that it will license out the vinegar and olive oil production of its Bertolli brand to the Spanish Grupo SOS in a proposed €630 million (£500 million) transaction.
Other Bertolli products like margarine, frozen meals and pasta sauces will continue to be produced by Unilever. The sale includes Maya, Dante and San Giorgio olive oils along with the factory in Italy where they are made. Unilever’s president for foods, home and personal care, Vindi Banga, said: “Bertolli is a brand leader in olive…
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