OptiCept Technologies

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OptiCept signs profit sharing agreement for 2 oliveCEPT® machines with Northern Spain's leading olive oil producer

OptiCept has entered into an agreement with the Spanish olive oil producer Unió regarding two oliveCEPT® of model BALDER. The installation is planned for the coming harvest season and the profit from the extra olive oil produced with the help of oliveCEPT® during this season is shared by the parties. In addition, Unió pays an installation fee of EUR 20,000.

Unió is northern Spain's largest olive oil producer and a cooperative federation that currently brings together 186 cooperatives from Spain's Mediterranean regions. Today, they run 10 olive oil plants under their own auspices. Unió was founded back in 1942 and in addition to olive oil, they also produce wine and nuts.

"We are very satisfied with continued success in Spain, which is the world's largest market for olive oil production, we are now working with the largest producers in all of Spain, which gives us fantastic conditions for our continued expansion," says Thomas Lundqvist, CEO of OptiCept Technologies.

The machines are planned to be delivered in September 2022. Discussions for a further commercial agreement will take place after the end of the profit sharing period.