SOS Corporacion Alimentaria
Food industry company news
Latest Articles

SPAIN: M&A drives Ebro Foods 9M profit
2 Nov 2012
Spanish food group Ebro Foods has recorded an increase in profit in the first nine months of the year driven by the integration of businesses acquired last year and innovation.

SPAIN: M&A boosts Ebro H1 profits
25 Jul 2012
The integration of businesses acquired last year has boosted half-year profits at Ebro Foods, the Spanish food company has said.
SPAIN: Bertolli owner Deoleo hails recovery
29 Feb 2012
Spanish food maker Deoleo, the company behind the Bertolli olive oil brand, today (29 February) said a "period of instability" had ended at the business after it recorded a profit for 2011.

SPAIN: Ebro to sell brands after competition watchdog ruling
6 Sep 2011
Ebro Foods will sell four of its major brands and license out another as part of its acquisition of the rice business of fellow Spanish food maker Deoleo.
Comment: Ebro will look elsewhere after SunRice blow
7 Jun 2011
Ebro Foods' failure to win over SunRice shareholders in its pursuit of the Australian rice firm will be a blow to the Spanish company but, Dean Best writes, more M&A targets are likely to be in the pipeline.
SPAIN: SOS swings to Q1 profit
4 May 2011
Spanish olive oil and rice producer SOS Corporacion Alimentaria swung into profit during the first quarter of this year, despite declining sales.
SPAIN: Ebro completes SOS rice buy
1 Apr 2011
Ebro Foods has completed its purchase of the rice business of SOS Corporacion Alimentaria for EUR205m (US$288.4m).

CAGE: Ebro acquisitions to boost business
29 Mar 2011
Ebro Foods' two planned acquisitions in the rice sector will be a "new step forward" for the Spanish food group, the company's chairman and CEO has insisted.
US: Bunge NA arm to purchase California Rice Mill
14 Dec 2010
The North American operating arm of US agribusiness giant Bunge is to buy the rice milling business of Pacific International Rice Mills, a subsidiary of brewing giant Anheuser-Busch.

SPAIN/AUS: Ebro Foods confirms purchase of SunRice
26 Nov 2010
Spanish food group Ebro Foods has purchased Australia-based Ricegrowers, which trades as SunRice, for A$600m (US$578m).

UPDATE: SPAIN: US market "key" for SOS
26 Nov 2010
SOS Corporacion Alimentaria said it will be focusing its attention on the US and that it is looking at expansion opportunities in Australia and India, as well as other markets.

SPAIN: SOS to sell rice division to Ebro Foods
25 Nov 2010
SOS Corporacion Alimentaria has announced it is selling its rice division to Spanish food group Ebro Foods for EUR195m (US$261m).
SPAIN: SOS narrows nine-month losses
16 Nov 2010
Spanish food group SOS Corporacion Alimentaria narrowed its losses in the first nine months of the year.
SPAIN: Hojiblanca eyes SOS share offer; Sovena exits
29 Oct 2010
Spanish olive oil co-op Hojiblanca hopes to buy as much as EUR200m worth of shares in Spanish food group SOS Corporacion Alimentaria while widely-expected bidder Portugal's Sovena has dropped out of the race, sources have told just-food.

Editor's choice: the highlights on just-food this week
29 Oct 2010
The pressure of rising commodity costs has grabbed the headlines this week as manufacturers wrestle with higher raw-material bills. Elsewhere, just-food took an in-depth look at the US cereal sector, the moves Japan's largest grocers are making in China and we interviewed a senior executive at Swiss dairy giant Emmi.

US/SPAIN: Bunge in talks over stake in Bertolli owner SOS
27 Oct 2010
US agribusiness giant Bunge is in talks over a possible stake in SOS Corporacion Alimentaria, the Spanish food group behind Bertolli and Carbonell olive oils.
SPAIN/TUNISIA: SOS cedes control of Bernabe Biosca to Cogehuile
6 Oct 2010
Spanish food group SOS Corporacion Alimentaria has sold 80% of date and jam unit Bernabe Biosca to Tunisian firm Cogehuile.
Best bits: Unilever, SOS, Premier next in M&A spotlight
4 Oct 2010
The recent appetite for M&A in the food industry is showing little sign of abating.

SPAIN/PORTUGAL: SOS coy about talks with olive-oil firm Sovena
1 Oct 2010
SOS Corporacion Alimentaria and Portugal's Sovena have remained coy about talks between the two companies after reports claimed the Portuguese firm was studying whether to invest in the Spanish olive-oil maker.
SPAIN: Bertolli owner SOS in share offer to restructure debt
28 Sep 2010
Bertolli olive oil maker SOS Corporacion Alimentaria has set out plans to raise almost EUR600m (US$804m) as part of its plans to restructure its debt and expand the business.
SPAIN/JAPAN: SOS signs distribution deal for Bertolli
27 Jul 2010
Spanish food group SOS Corporacion Alimentaria has struck a distribution deal for its Bertolli olive oil brand in Japan.
SPAIN: SOS locked in refinancing talks with banks
6 Jul 2010
Spanish food group SOS Corporacion Alimentaria today (6 July) revealed that remains in talks with lenders over refinancing its EUR1.1bn debts.
SPAIN: SOS to keep Canary Islands facility open
16 Jun 2010
SOS Corporacion Alimentaria, the Spanish food group, has decided to keep a plant in the Canary Islands open - but workers elsewhere could be laid off temporarily instead.

SPAIN: Leading shareholder “backs SOS recapitalisation”
23 Apr 2010
A major shareholder in - and creditor of - SOS Corporacion Alimentaria has reportedly backed the Spanish food group's recapitalisation plans.
SPAIN: Shares in Bertolli owner SOS suspended
26 Mar 2010
Shares in Spanish food group SOS Corporacion Alimentaria were suspended today amid local reports of a potential US investment in the owner of Bertolli and Carbonell olive oils.

SPAIN: SOS waiting for “right price” in rice sale
16 Mar 2010
Spanish food group SOS Corporacion Alimentaria will not sell its rice business for a price it considers too low as there is no deadline for a disposal, a source close to the company told just-food today (16 March).

SPAIN: Ebro Puleva sells dairy business to Lactalis
8 Mar 2010
Spanish food group Ebro Puleva has reached an agreement to sell its Spanish dairy business, Puleva Food, to Lactalis for EUR630m (US$860m).
SPAIN: Rice "price-fixing" probe launched
5 Mar 2010
Spain's competition watchdog has launched a probe into alleged price-fixing on rice among suppliers.
Top stories on just-food this week
26 Feb 2010
Diamond Foods, the US nut maker, looks set to take a bigger bite out of the snacks market on both sides of the pond after striking a deal to buy crisp firm Kettle Foods. Upmarket snacks is a buoyant category, with, in the UK, United Biscuits and Warburtons among those launching "posh" crisps in recent months - and PepsiCo's Walkers also pushing its Red Sky brand.

SPAIN: SOS forecasts loss, shares suspended
23 Feb 2010
The Spanish stock exchange has suspended the listing of shares in Bertolli and Carbonell olive oil maker SOS Corporacion Alimentaria.
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