Deoleo chains two very negative trading sessions on the stock market and already adds a drop of 19.13% after plunging by more than 21% this Thursday, coinciding with the confirmation that the consortium made up of Dcoop and Acesur has won the bid for the owner of Hojiblanca and Carbonell against the Sevillian oil group Migasa and the Italian Coricelli, in an operation valued at 520 million euros.
Despite the cumulative punishment, the shares of the manufacturer of Hojiblanca and Carbonell have ended this Friday with a slight rebound of 2.20%, to 0.279 euros per share, after the strong correction of the previous day.
The collapse on the stock market occurs just after the Spanish tandem Dcoop-Acesur defeated Migasa and Coricelli in the bid for Deoleo, which will give rise to a new Spanish olive oil giant with significant weight in the sector.
Deoleo itself and its main shareholders have given their approval to the proposal put forward by the Spanish consortium for its "attractive and solid financial backing", in addition to the "high execution certainty that guarantees this operation" and the good visibility regarding the closing timelines.
The company notes that Acesur and Dcoop, with a "deep-rooted connection to Spanish olive growing tradition", provide a "strong connection with the origin, great agricultural capillarity and a remarkable productive capacity", elements that fit Deoleo's structure in "mass-market marketing" and in its international distribution networks.
Deoleo's president, Ignacio Silva, has stressed that the operation "recognizes the work carried out in recent years and the constant backing of the majority shareholders, highlighting a portfolio of iconic brands that are part of our agri-food heritage".
He has also emphasized that the alliance with Acesur and Dcoop "decisively reinforces Deoleo's leadership across the entire olive oil value chain and provides operational certainty to producers and to the sector in general".
From Dcoop, its president, Antonio Luque, has pointed out that with this purchase they intend that "families that have spent generations dedicated to olive groves can continue to live from it and offer a promising future to the new generations of farmers". "Increasing the consumption of olive oil in the world is also an opportunity to strengthen our rural communities and our towns," he has reiterated.
For his part, the chief executive officer of Acesur, Gonzalo Guillén, has recalled that the signs of Deoleo, including Carbonell or Carapelli, "have earned the trust of generations of consumers around the world". "Our ambition is to strengthen that bond and continue bringing olive oil to new markets, with quality, traceability and excellence as pillars," he added.
With this message, both Spanish companies have wanted to convey "confidence and peace of mind" to the workforces of Deoleo, Acesur and Dcoop, by considering that the success of the project rests on the knowledge, track record and talent of those who have driven the growth of the three organizations for decades.
The Government backs the operation
Agriculture, Fisheries and Food minister, Luis Planas, this Thursday defined as "very good news" that the Andalusian cooperative group Dcoop and also the Andalusian oil group Acesur have prevailed in the bid for Deoleo in an operation valued at 520 million euros.
In his view, this "commercial and private transaction" will allow "for the presence --of Spanish olive oil-- in marketing" to be strengthened and will provide "stability to the processing industry and to the deliveries that farmers make" since Deoleo does not produce, but rather buys olive oil for bottling and subsequent sale.
Planas made these statements to the media at the Forum of innovative regions, held within the framework of Expo Agritech 2026 in Málaga. For the minister, "with all due respect to the other applicants", the operation also has another "important element": the buyers are Spanish and that "strengthens the presence --of Spain-- in marketing".