Deoleo Enters Binding Agreement to Sell Deoleo Holding to Acesur and Dcoop

Deoleo signed a binding agreement to sell its main operating subsidiary, Deoleo Holding, to Spanish competitors Acesur and Dcoop. The transaction values the subsidiary at €520 million and covers a 91.99% stake, potentially rising to 100% depending on other shareholders’ participation. Deoleo expects to receive approximately €190 million to €200 million for its directly held 50.99% stake, subject to final adjustments. The deal would give Acesur and Dcoop indirect control of the business and reshape Spain’s olive oil sector.