California Olive Ranch had net assets of US$132.6 million as at September 30, 2025.
Cobram Estate Olives, headquartered in Lara, Victoria, has two olive mills for processing olives and extracting olive oil, located on-site at Boundary Bend and Boort groves, with combined processing capacity of 144 tonnes of olive fruit per hour and on-site olive oil storage totalling 6.8 million litres.
The groves contain more than 2.6 million olive trees planted on 7000 hectares of freehold farmland and have been progressively planted, with the oldest trees planted in 2004 and the most recent planting occurring in autumn 2024.
The Cobram Estate company, which posted last year’s profit at $241 million, has a nine-hectare property in Lara, which includes a head office, nursery operations, bottling operations, laboratory services, 11 million litres of olive oil storage and warehouses. This includes Australia’s largest olive oil filling and packaging operation, capable of producing up to 14,400 bottles per hour.
Before the Californian acquisition, the company had more than one million olive trees planted on about 1385ha of freehold and leased properties in the United States. The first of its US olive groves were planted in 2015 with subsequent plantings in 2019, 2021, 2023, 2024 and 2025.
The company’s share price climbed to a five-year high of $3.80 following the announcement.
