SAN FRANCISCO, Aug. 18 /PRNewswire/ -- California Olive Growers, former
producers of Oberti Olives, have ceased operation and closed their Madera,
CA facility. All equipment from the factory will be sold at a public
auction starting on Tuesday, October 10th.
The humble beginnings of Oberti Olives began in the 1930's on a
family-run farm, where Oberti began producing olive oil. The Oberti taste
quickly gained popularity, eventually necessitating modern machinery and
several hundred employees to produce enough oil to meet the demand. With
time, the Oberti brand diversified to black ripe olives and a host of other
Complete olive and tomato processing and canning lines will be
available, in addition to warehouse and office equipment.
The auction, conducted by San Francisco auction firm Rabin Worldwide,
will be held onsite in Madera and online at http://www.rabin.com. For more
information, contact Rabin Worldwide at (800)421-2144 or via email at
About Rabin Worldwide
Rabin Worldwide, formerly Rabin Brothers, is an international
auctioneer and valuation specialist of industrial plants and equipment.
With over 50 years of experience in every sector of the industrial
community, Rabin's signature business is assuming financial positions in
the liquidation and/or valuation of complete factories and vehicle fleets.
Based in San Francisco, Rabin maintains offices in New York and London,
with associate desks in Montreal, Mexico City, Tel Aviv, and Perth,
Australia. Rabin enjoys a solid reputation with Asset Based Lenders,
Commercial and Investment Banks, Law Firms, and the Fortune 500 companies
familiar with their expert services. The Rabin Worldwide Web Site is
located at http://www.rabin.com .
SOURCE Rabin Worldwide