PAI Partners in talks with SOS

The France-based buyout house is interested in the olive oil producer's Italian brands, Bertolli, Carapelli and Sasso.

SOS needs to raise at least €200m of funding in order to be allowed to refinance its €1.04bn of loans.

While PAI Partners is reportedly prepared to offer up to €700m to purchase the desired brands, the shareholders are not willing to exit the business even partially at this stage. They would however welcome the necessary cash boost from either PAI or another investor.

Bermudan conglomerate Bunge and olive oil co-op Hojiblanca are also in negotiations with the food company.

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Southern Europe
• Consumer
• Expansion
• Buyouts
• PAI Partners