The Escalante family, owner of Aceitunas Guadalquivir (AG Olives), has announced the acquisition of Bell-Carter Foods, bringing together the two olive families.
The deal will bring immediate investments to Bell-Carter Foods’ California production operations and provide more opportunities for its olive grower partners, nationwide customers and Lindsay brand consumers.
Within the first few weeks of the acquisition, investments will be made in the company’s Corning facility, including advanced olive cookers, expanded warehouse space and new production lines – all of which will help Bell-Carter meet the demand for Lindsay brand olives processed and packaged in California.
“With this new investment, Bell-Carter is now in an even stronger position to ensure that our US production facilities stay ahead of the retailer and consumer demand that we are seeing for high-quality, innovative and best-value table olive products,” said a spokesperson for Bell-Carter.
The financial terms of the transaction were not disclosed.
© FoodBev Media Ltd 2022
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