The acquisition will create by far the largest olive oil producer and seller in the United States by revenue, more than doubling Cobram Estate’s California footprint.
This new, “first-of-its-kind facility” marks the transition from concept validation to large-scale production targeting up to 400 tonnes of olive flour each season.
According to the company’s latest annual report, the 50% increase over the previous year reflects the success of the company’s strategic reorganization and a more favorable global agricultural climate.
The landmark deal positions Cobram Estate as the largest olive oil producer in the US, significantly expanding its footprint in California and strengthening its global market presence.
Olive oil is a cornerstone of Tunisia’s agri-food sector, contributing significantly to rural employment and foreign exchange earnings.