Deoleo

OVERALL
Owned	UK
Rating

Edible oil manufacturer

World's #1 olive oil producer, and Spain's 2nd largest listed food company. Its Carbonell brand is the best selling olive oil brand in the world. Bought the Bertolli olive-oil and vinegar business from Unilever in 2008. Previously known as SOS Group, it changed its name to Deoleo in 2011 after selling its rice division to focus on olive oil.

Company Ownership

Deoleo SA	ESP	website	email
CVC Capital Partners Ltd       owns 56% of Deoleo SA	UK	website
Private equity firm Founded in 1981 and today manages US$71 billion in funds throughout Europe, Asia and the US.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
Deoleo SA
	Misleading advertising In 2018 this company's US subsidiary agreed to pay US$7 million to settle a class action lawsuit alleging it made misrepresentations about Bertolli olive oil being "Imported from Italy". Source: Top Class Actions (2018)	Environmental claims This company has a publicly available Environmental Policy on its website. Source: company website (2014)
CVC Capital Partners Ltd
	Gaming This company has investments in two gaming companies, Tipico and Sisal. Source: company website (2019)	CVC Foundation In June 2011, the company established the CVC Foundation to take its philanthropy programme to the next level. Source: company website (2014) ESG and sustainability claims This company has corporate responsibility claims on its website. Source: company website (2014) UN Principles for Responsible Investment signatory UNPRI is a set of six principles direct institutional investors may adopt to consider environmental, social and corporate governance issues when investing. UNPRI is a voluntary agreement. Source: UNPRI (2020)

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