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Home > Company Index > Food, Beverage & Tobacco > Miscellaneous Food Products > Koipe, S.A.

Koipe, S.A.
 PROFILE
Koipe hopes its products will find a place in every Western European cocina ("kitchen"). The company refines, markets, and sells edible cooking oils and other related food products. Cooking oils account for about 90% of its revenues. Olives, spices, and flour account for less than 10%. Koipe controls more than 30% of the Spanish olive oil market; however, its market share has fallen as new competitors have flooded the market. The company hopes to expand through acquisitions and by forming alliances in emerging markets. Energy conglomerate Montedison, S.p.A. owns 54% of soy and olive oil giant Cereol, which owns 51% of Koipe.

 COMPETITION
Aarhus Oliefabrik A/S (AOACB)
Unilever PLC (UL)
Viscofan, S.A. (VIS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 456.40
1-Yr. Sales Growth: (16.3)%
Employees: 764
Revenue per employee: $597,382.20

 KEY PEOPLE
• Adolfo Crespo Setien
    CEO

 CONTACT INFO
Paseo del Urumea 23
28014 San Sebastián Guipúzcoa, Spain
Phone: 34-943-1200
Fax: 34-943-4679

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