Pompeian Press Releases
Pompeian Group and DCOOP Group of Spain Announce Expansion of Partnership to Strengthen Leadership Position in World Olive Oil Market
BALTIMORE, MD, October 30, 2017 – Pompeian Group, the Baltimore-based top importer and manufacturer of olive oil in the United States, announced today that it has strengthened its alliance with DCOOP Group of Spain, the largest olive oil cooperative in the world, by signing a new agreement that increases the companies’ stakes in one another from 20% to 50%. This agreement will allow both companies to bolster their position in the United States, a market with a trend of increasing olive oil consumption that currently absorbs a volume of more than 300,000 tons per year.
Pompeian, through its various olive oil companies in the United States, and DCOOP, through its subsidiary Mercaóleo, made their first share exchange of 20% in November 2015, creating the global leader in olive oil. Pompeian, as the #1 selling olive oil in the market, brings to the alliance its commercial capacity in both bulk and packaging in different countries, including the United States, where it is the leader for bottled olive oil. As the largest producer in the world, DCOOP brings its strength in the quality production and efficient supply of olive oil.
Under this agreement, both groups share a 50% stake in Mercaoleo (which possesses two bottling plants in Antequera, Malaga), a 25% stake in Qorteba Internacional (the refinery and olive oil storage of Alcolea, Córdoba) and a 50% stake in the Pompeian Group. DCOOP has made a significant investment into Pompeian’s U.S. operations, which include oil bottling plants on both the East and West coast and bulk oil trading operations.
Pompeian is the leading importer and manufacturer of olive oil in the United States, importing 50,000 metric tons per year. In addition to being the #1 selling brand of olive oils in the U.S., the company produces a line of best-selling gourmet vinegars, cooking wines and cooking sprays. Baltimore based since 1906, Pompeian focuses intensely on creating the highest quality products at the best possible value and partners directly with farmers, such as DCOOP, to achieve full transparency and consistency in quality.
The DCOOP Group of Spain is the world’s largest olive grower, made up of over 75,000 family farmers and ranchers. The cooperative produces more than 220,000 metric tons of olive oil per year through more than 50 million trees, and invoiced 1,001.4 million euros in 2017 while exporting 489 million euros to 60 countries. The DCOOP farmers produce a diverse crop of olives and engage in other products such as wine, table olives, goat’s milk, beef cattle, pork, cereals and almonds.
“Pompeian and DCOOP is now a fully integrated sourcing model from tree to bottle, which will work to serve the United States consumer with a supply of safe and high quality olive oils,” said David Bensadoun, Chief Executive Officer of Pompeian Group. “The current levels of olive oil consumption in the United States are much lower than that of our European counterparts, but our now strengthened partnership strives to allow every American household to enjoy the innate health benefits and great taste of high quality extra virgin olive oil.”
DCOOP Group Chief Executive Officer Antonio Luque gave the following statement: “This partnership will strengthen our leadership in the world olive oil market and work to increase olive oil consumption with an absolute commitment towards a high quality product. This is a key step for our 75,000 families of farmers who, day after day, strive to produce the best olive oil in the world.”
About Pompeian Group
Baltimore based since 1906, Pompeian, Inc. is America’s largest national brand of olive oil, best-selling wine vinegars and a variety of cooking sprays. Pompeian is the first brand to carry the USDA Quality Monitored seal on its extra virgin olive oil and works with numerous third parties, including the North American Olive Oil Association, to ensure the quality of its products. In addition, the company conducts daily testing through its very own American Oil Chemist Society accredited Pompeian Sensory Panel in the state-the-art Pompeian Quality Control and Research & Development Center.
About DCOOP Group
The DCOOP Group is a large, second-degree cooperative in Spain that partners with companies and not individuals. Partners include cooperatives whose owners consist of more than 75,000 farmers and stockbreeders in Spain. Olive Oil, olives, goat milk, wheat, livestock, supplies and services are the divisions in which DCOOP devotes its activities. The DCOOP Group is the world's largest olive oil producer with average crops of 250,000 tons. Its revenue will achieve 900 million € this year. All product sold by the DCOOP Group is produced by cooperative farmers. The DCOOP Group has subsidiaries called Mercaoleo and Qorteba, and offices in China and the United States.
Pompeian Unveils New State of the Art Quality Control and Research Development Center
Number One Extra Virgin Olive Oil in America Invests $2 Million in New Facility as Latest Commitment to Quality
BALTIMORE, MD, September 26, 2017 – Pompeian, Inc., the maker of the number one selling extra virgin olive oil in America, opened the Pompeian Quality Control and Research & Development Center today, a best-in-class facility dedicated to ensuring the quality, purity and full traceability of Pompeian products. Coming on the heels of the creation and subsequent American Oil Chemists’ Society (AOCS) accreditation of the Pompeian Sensory Panel, the center is the latest proof point in Pompeian’s ongoing commitment to quality and will serve as a hub for research and development.
The Pompeian Quality Control and Research & Development Center is fully equipped with a state of the art laboratory poised to perform quality and purity analysis on approximately 15,000 samples per year in accordance with International and National quality standards and certifications, including the Codex Alimentarius, International Olive Council (IOC), United States Department of Agriculture (USDA), Food and Drug Administration (FDA) and the European Union (EU). In addition, the center houses Pompeian’s unique traceability software system, which allows for every oil batch to be traced to where each olive is grown and harvested. Architect Gil Even-Tsur, who specializes in making buildings with an emotional content, cultural depth and strong sense of interiority, designed the center. The facility also features:
- Specialized lighting system to allow for proper evaluation of color and all visual aspects of raw materials
- Sensory Preparation Room to store and prepare samples for sensorial evaluation by the Pompeian Sensory Panel
- Temperature and light controlled Olive Oil Shelf Life Research Room to mimic store shelf conditions
Pompeian’s specialized team of olive oil experts, food scientists, award winning and AOCS approved chemists, biologists, food engineers and highly qualified quality assurance technicians, led by Dr. Luisito Cercaci, Pompeian’s Vice President of Quality and Research & Development, will grow by 20% with the introduction of the center. In addition to Pompeian’s investment in its expansion, the team will also undergo continuous internal training to increase skills and capabilities at the new 4,500-square foot facility.
“At Pompeian, we are very proud to have developed a uniquely skilled team leading us to become the industry’s leader and innovator in quality,” said Luisito Cercaci, VP of Quality and Research & Development, Pompeian. “The completion of the Quality Control and Research & Development Center marks the company’s latest demonstration that quality is our number one priority.”
In addition to daily internal testing exceeding the strictest of International standards, Pompeian engages in numerous third party audits and certifications to ensure the quality of its products. Pompeian is the first National brand to attain the USDA Quality Monitored Seal for extra virgin olive oil and all Pompeian olive oils carry the North American Olive Oil Association (NAOOA) Certified Quality Seal. To learn about Pompeian’s commitment to quality, visit Pompeian.com.
About Pompeian, Inc.
Baltimore based since 1906, Pompeian, Inc. is America’s largest national brand of olive oil, best-selling wine vinegars and a variety of cooking sprays. In addition, Pompeian is the first brand to carry the USDA Quality Monitored seal on its extra virgin olive oil.
POMPEIAN, INC. INTRODUCES FOUR NEW USDA CERTIFIED ORGANIC PRODUCTS
New Offerings Include Organic Extra Virgin Olive Oil Spray, Organic Red Wine Vinegar, Organic Balsamic Vinegar and Organic Apple Cider Vinegar
BALTIMORE, MD – (September 27, 2016) – With consumer demand for organic food on the rise and a United States Department of Agriculture (USDA) reported trend of double digit growth in the organic sector, Pompeian is excited to introduce new Organic Vinegars and Organic Extra Virgin Olive Oil Spray. The new products join Pompeian Organic Extra Virgin Olive Oil in the company's lineup of organic offerings that are bottled under evaluation and surveillance by Quality Assurance International (QAI), a USDA National Organic Program authorized certifying body that verifies adherence to program guidelines from sourcing, processing and storage to shipping. Pompeian's organic products are also certified Non-GMO by the Non-GMO Project Organization.
Naturally gluten free and non-allergenic, Pompeian Organic Vinegars are perfectly suited for vinaigrettes, marinades, dressings and sauces. Additionally, select varieties contain the mother, providing a wide variety of additional health benefits. The organic vinegars are available in three varieties, including: Organic Apple Cider Vinegar, Organic Red Wine Vinegar and Organic Balsamic Vinegar.
Pompeian"s new Organic Extra Virgin Olive Oil Spray is a premium, full-bodied extra virgin olive oil, ideal for salads, pasta and drizzling. The olive oil uses olives that are grown under conditions that protect the environment as well as the fruit and its natural antioxidants. The spray offers triple action use – drip, stream or spray – that allows for flexibility in cooking and total portion control.
"At Pompeian, we know that our consumers are increasingly interested in the quality of their food and where it comes from, whether from tree to bottle or vine to bottle," said David Bensadoun, Chief Executive Officer. "Expanding our organic offerings and working with the USDA for certification is one of the many ways we work to provide products that satisfy this need."
Both Pompeian's Organic Red Wine Vinegar and Pompeian's Organic Apple Cider Vinegar contain the mother, which is the dark, cloudy substance formed from naturally occurring pectin and apple or grape residues found in organic, unfiltered and unpasteurized vinegars. Unlike other vinegars on shelf, unfiltered, unpasteurized organic vinegar with the mother can be consumed on its own as part of a daily diet as the mother contains healthy bacteria filled with a high volume of antioxidants. These antioxidants, called polyphenols, improve digestion, boost the immune system, combat cholesterol, prevent dandruff, soothe sore throats, keep skin healthy, and reduce excess fat in cells, promoting weight loss.
Pompeian Organic Extra Virgin Olive Oil Spray retails for $3.99-$4.99, Organic Red Wine & Apple Cider Vinegar retail for $2.99 and Organic Balsamic Vinegar retails for $3.99. For more information about Pompeian's new organic products, including where to buy and Pompeian's full product line, visit www.pompeian.com. And follow Pompeian on Facebook and Twitter.
About Pompeian, Inc.
Baltimore based since 1906, Pompeian, Inc. is America's largest national brand of olive oil, best-selling wine vinegars and a variety of cooking wines. In addition, Pompeian is the first brand to carry the USDA Quality Monitored seal on its extra virgin olive oil.
Pompeian® Group Partners With DCOOP Group of Spain to Become World Leader in Olive Oil Market
BALTIMORE, MD – (Marketwired - Nov 3, 2015) – Pompeian Group, the Baltimore-based importer and distributor of olive oil and vinegar, is entering into a new equal partnership with the DCOOP Group of Spain, the largest olive oil cooperative in the world. Pompeian, through its group of olive oil companies in the United States, and DCOOP, through its subsidiary Mercaóleo, will conduct an exchange of shares with a transfer of assets between both holding companies. The partnership creates the global leader in olive oil, striving to meet the soaring demand for high quality, authentic olive oil with full traceability from tree to bottle. The first-of-its-kind agreement brings together the best possible raw materials and the finest production and bottling facilities in the world, merging assets that include an ultra-modern production facility in Spain directly next to the olive farms.
Pompeian Group is the top importer and manufacturer of olive oil in the United States that produces the #1 selling extra virgin olive oil on the market. A pioneer in bringing quality olive oil to the American table, Pompeian is the first national brand to carry the USDA Quality Monitored Seal. In addition, Pompeian's commitment to quality is extended through North American Olive Oil Association (NAOOA) and British Retail Consortium certifications and Carbon Trust membership. The family-owned Pompeian Group includes manufacturing plants on both the east and west coast. Additionally, the brand owns an olive grove in California. The Pompeian Group produces olive oils and vinegars sold under the Pompeian brand name.
The DCOOP Group of Spain is made up of 75,000 family farmers. The cooperative produces more than 250,000 metric tons of olive oil per year through 50 million trees. The world's largest olive grower, the DCOOP farmers produce a diverse crop, including Picual, Cornicabra, Manzanilla, Verdiales, Lechines and Arbequina olives.
"We are excited to work side by side with the DCOOP Group on this partnership to form a uniquely integrated group," said David Bensadoun, Chief Executive Officer of Pompeian Group. "Pompeian Group and the DCOOP Group share the same values and passion to work directly with family farmers to provide the highest quality olive oil in the world. The agreement will allow Pompeian Group to continue sourcing and producing the finest olive oil for U.S. consumers all year round."
DCOOP Group Chief Executive Officer Antonio Luque gave the following statement: "Pompeian Group is the most notable brand of olive oil in the United States and we are delighted to work together to ensure that the American table has consistent, quality olive oil. This partnership is the first step in building a leading olive oil enterprise that will provide consumers with full transparency from farm to plate."
About Pompeian Group
Baltimore based since 1906, Pompeian is America's largest national brand of olive oil, best-selling wine vinegars and a variety of cooking wines. The Pompeian Group will reach total sales of $405 million this year. In addition, Pompeian is the first brand to carry the USDA Quality Monitored seal on its extra virgin olive oil.
About DCOOP Group
The DCOOP Group is a large, second-degree cooperative in Spain that partners with companies and not individuals. Partners include cooperatives whose owners consist of more than 75,000 farmers and stockbreeders in southern Spain. Olive Oil, olives, goat milk, wheat, livestock, supplies and services are the divisions in which DCOOP devotes its activities. The DCOOP Group is the world's largest olive oil producer with average crops of 250,000 tons. Its revenue will achieve 900 million EUR this year. All product sold by the DCOOP Group is produced by cooperative farmers. The DCOOP Group has subsidiaries called Mercaoleo and Qorteba, and offices in China and the United States.
Megan Weber Hunter Public Relations 212-679-6600 x 218 firstname.lastname@example.org