Spanish food company SOS Cuetara has confirmed that it is still accepting bids for its biscuit unit.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


 


“The auction process is ongoing and we are still receiving interest in the sale,” a spokesperson for the group told just-food.


 


According to Spanish reports, the biscuit unit has been valued at around EUR238m (US$324.84m).

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

 


The divesture of the company’s biscuit unit was announced in order to fund SOS’s EUR360m acquisition of the Bertolli olive oil brand from Unilever.


 


The company said that the sale of the regional business will allow it to focus its efforts internationally.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now