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This Coop Extra Virgin Olive Oil Classico is a private-label product specifically developed for the Nordic market. While the olives are grown and the oil is produced in Spain, it is packaged under the 'Coop' brand, which serves as a value-oriented house brand for the cooperative retail networks in Northern Europe.
The product is sourced via Coop Trading, the joint purchasing organization for the major Nordic cooperatives. By sourcing directly from Spanish producers like Aceites del Sur (Coosur), Coop is able to provide high-quality extra virgin olive oil at a more accessible price point than many independent Mediterranean brands. In Norway, this product is part of the standard assortment at Coop stores, carrying the 'Keyhole' (Nøkkelhullet) health certificate common in Scandinavia.
Ownership of the brand in Norway lies with Coop Norge SA, a consumer-owned cooperative. This unique business model means the 'ultimate owner' is actually the millions of individual members of the local cooperatives. This structure prioritizes returning value to consumers through dividends and competitive pricing rather than maximizing profit for private shareholders.
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