SOS Corporacion Alimentaria

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.

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).

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: 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.

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: 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: 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: 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 dismisses Rumasa bid

8 Jan 2010

Span's SOS Corporacion Alimentaria has hit out at rival food group Rumasa’s bid for a 30% stake in the company.

SPAIN: SOS exec revamp; Accenture to assist

2 Sep 2009

Spanish food group SOS Corporación Alimentaria has shaken up its management structure and appointed consultants Accenture to help drive efficiency throughout the business.

SPAIN: Embattled SOS books H1 loss

2 Sep 2009

Bertolli olive oil maker SOS Corporación Alimentaria has booked a half-year loss of almost EUR62m (US$88.1m) as financial charges hit the company's bottom line.

Quote, unquote: just-food's week in words

28 Aug 2009

From the plain-speaking boss of US organic food group Hain Celestial to an ambitious Kerry Group chief executive and the cautious optimism of the chief of Australia's largest retailer Woolworths Ltd, here, in the first of a weekly feature, just-food gives you the food industry's 'week in words'.

SPAIN: SOS should sell rice business - analyst

28 Aug 2009

One Madrid-based analyst has insisted that "now is the time to sell" Grupo SOS's rice business, despite the company's insistence that it has not considered offloading the unit.

SPAIN: SOS denies plans to sell rice business

25 Aug 2009

Spanish food firm Grupo SOS today (25 August) insisted that it was not considering selling its rice business.

SPAIN: Grupo SOS, El Corte Ingles hit with price-fixing fines

10 Aug 2009

Spanish food group Grupo SOS and retailer El Corte Ingles are among seven companies that have been ordered to pay heavy fines for price-fixing on olive oil brands between 2002 and 2005.

SPAIN: SOS denies liquidity problems

7 Jul 2009

SOS Corporación Alimentaria has denied that it is facing liquidity problems after former executives used a EUR200m (US$280.7m) company loan to buy shares.

SPAIN: SOS investors follow ex-chairman, CEO out the door

30 Jun 2009

Shareholders in Bertolli and Carbonell olive oil maker Grupo SOS have approved the dismissal of the company’s ex-chairman and CEO, as well as the removal of two other investors.

SPAIN: SOS investors follow ex-chairman, CEO out the door

30 Jun 2009

Shareholders in Bertolli and Carbonell olive oil maker Grupo SOS have approved the dismissal of the company’s ex-chairman and CEO, as well as the removal of two other investors.

SPAIN: SOS to sue third former executive

22 Jun 2009

Bertolli olive oil maker Grupo SOS has launched legal action against a third former executive over a recent share scandal.

SPAIN: SOS relaunches rice; mum on US fund talk

18 Jun 2009

Spanish food firm Grupo SOS has relaunched is SOS steamed rice product, the company announced today (18 June).

SPAIN: SOS investor gets chairman role

26 May 2009

Bertolli olive oil maker Grupo SOS has named a new chairman and created two new executive positions in its latest move to revamp the business.

COMMENT: It will not be plain sailing for new SOS boss

22 May 2009

The industry witnessed two surprising CEO appointments this week with new men set to take up the reins at Tate & Lyle and Bertolli owner Grupo SOS. After his take on the new man in charge at Tate & Lyle, Dean Best looks at the challenges that lie ahead for the Spanish food maker's new boss.