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OptiCept signs an agreement with the world's second largest producer of olive oil in Spain

05 August 2022 - 16:15

OptiCept Technologies has today entered into an agreement with NUESTRA SEÑORA DE GUADALUPE in Spain, which is part of JAEN COOP, regarding the installation of an oliveCEPT® BALDER. The installation will be evaluated during the coming harvest season. During this period, the profit contributed by the oliveCEPT® technology is shared equally between the parties.

The agreement applies to the latest generation oliveCEPT® model BALDER with a capacity of 10 tons per hour. Installation is expected to take place in mid-September 2022. Negotiations regarding the purchase of more machines will be started after positive evaluation results from this season.

JAEN COOP is the second largest cooperative group, producer, and seller of olive oil in the world. The cooperative consists of 26 companies that together produce olive oil on 80 olive lines. As a prominent actor and industry leader in olive oil, JAEN COOP is at the forefront of innovation, development, and research related to olives and olive oil.

"This is a very important agreement for oliveCEPT®, we are entering into another collaboration with one of the largest and most influential producers in the world. We are now building a good installed base of our Cept technology on the Iberian Peninsula,” says Thomas Lundqvist, CEO of OptiCept Technologies.

Provided by: MFN
Nasdaq First North GM Stockholm (Sweden)
OptiCept Technologies AB
OptiCept is engaged in providing technology and machinery for the food and plant industry that impacts in terms of sustainability, quality, and efficiency. It provides methods and machines for treating postharvest products like cut flowers and cuttings as well as food products like fruits and vegetables....
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