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Cobram Estate Olives Raises $175M to Triple Californian Olive Groves by 2027
10:11am on Tuesday 9th of September, 2025 AEST
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Agriculture
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Cobram Estate Olives Raises $175M to Triple Californian Olive Groves by 2027
10:11am on Tuesday 9th of September, 2025 AEST
Key Points
Completed $175 million institutional placement at $3.20 per share
Plans to develop 1,600 hectares of new olive groves in California by end of 2027
Total Californian plantings to reach approximately 3,600 hectares
Expected increase in Californian olive oil production from 0.5 million to over 9 million litres annually
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