USA: AG Olives acquires Bell-Carter Foods

AG Olives (Aceitunas Guadalquivir), described as one of the world’s premier olive companies, has announced the purchase of US peer Bell-Carter Foods for an undisclosed sum.

According to sources, the deal will enable Bell-Carter Foods to fund investment in its facility in Corning, California, including to expand warehouse space, install advanced olive cookers, and create new production lines.

The investment will help the company to meet the demand for its Lindsay brand olives that are processed and packaged in the facility, it said.

Commenting on the acquisition, a Bell-Carter Foods spokesperson said: “With this new investment, Bell-Carter is now in an even stronger position to ensure that our US production facilities stay ahead of the retailer and consumer demand that we are seeing for high-quality, innovative and best-value table olive products”.

Source: FoodBev