William Blair acted as the exclusive financial advisor to Deoleo Holding, S.L. (Deoleo), a portfolio company of CVC Capital Partners (CVC) and Alchemy Partners (Alchemy), in connection with its pending sale to a consortium comprising Acesur and Dcoop. The transaction was announced on November 5, 2026. It is expected to close in the second quarter of 2027, subject to regulatory approvals, including antitrust clearances.
About the Companies
Based in Madrid, Deoleo is the world's leading olive oil company. It is present in 70-plus countries across five continents, with factories in Spain and Italy and 11 commercial offices. Its portfolio of over 30 brands spans olive oil, hybrid and seed oils, vinegars, sauces and cosmetic products. These include the world-leading brands Bertolli, the global leader, and Carapelli, as well as the Spanish brands Carbonell, Maestros de Hojiblanca and Koipe.
Founded in 1840 and based in Dos Hermanas (Seville), Acesur is a family-based global leader in the production, packaging and marketing of olive oil, as well as having a long tradition in the vegetable oil sector. It has more than 800 professionals across eight industrial plants and exports to over 120 countries. Its brands include La Española, Coosur and Guillén.
Based in Antequera (Málaga), Dcoop is a second-tier agri-food cooperative comprising 75,000 farming families with more than 125 olive mills and an average annual production of 250,000 tons of olive oil. With a presence across five continents, Dcoop is one of the world's largest olive oil producers and holds leading positions in the principal olive oil markets, including the United States through its Pompeian brand.
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