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Bertolli Summary

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Bertolli

Bertolli is a brand of Italian food products. Originating as a brand of extra-virgin olive oil, in which it was the global market leader, but has now widened its range to include pasta sauces and ready meals. The company was founded by Francesco Bertolli in 1865, in Lucca, Tuscany. The company was bought by Unilever, which then sold the olive oil business to Grupo SOS (currently Grupo Deoleo), Spain’s second-largest food group, for £500m as part of its disposal of non-core businesses, in 2008. The transaction included the sale of the Italian Maya, Dante, and San Giorgio olive oil and seed oil businesses, as well as the factory at Inveruno, Province of Milan, Lombardy. The frozen foods business under the Bertolli brand name was subsequently sold by Unilever to ConAgra Foods in August 2012. On May 22, 2014, Unilever agreed to sell its North American pasta sauce business under the Ragú and Bertolli brands to the Mizkan Group of Japan for $2.15 billion, while these brands are owned in the United Kingdom and Ireland by Symington's, a private label food manufacturer.

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