Grand Agro

What Grand Agro does

Grand Agro MMC is an Azerbaijani integrated agro-food producer founded in April 2017 and operating as a subsidiary of Agro Food Investments Group (AFI). The company cultivates approximately 3,000 hectares of olive and almond orchards across Azerbaijan's Absheron peninsula and surrounding regions, with plans to expand to 5,000 hectares. Grand Agro operates the largest olive and almond orchards in the Caucasus region, with roughly one million trees across 32+ varieties (24 olive, 9 almond) sourced from France, Italy, Spain, and local Absheron genetics, and runs an InVitro laboratory for seedling production, drip irrigation infrastructure, and end-to-end traceability systems.

The company's commercial business centers on the OLIVEA premium brand of extra virgin olive oil (in 250ml, 500ml, and 1000ml bottles) and table olives, complemented by almonds for both domestic and export markets. Production is fully vertically integrated from laboratory seedling cultivation through orchard management, harvest, processing (15,000-ton annual capacity), and export. Distribution is anchored by enterprise channel partnerships with Russian retail chains X5 Group and Lenta, providing shelf placement across 20,000+ sales points, alongside direct export to nine countries including Russia, Belarus, Singapore, Spain, Turkey, Georgia, UAE, and Israel.

Grand Agro monetizes through physical-product sales of premium-priced olive oil, table olives, and almonds to retail chains, distributors, and export markets. The go-to-market is enterprise field sales into retail chains combined with direct export relationships, supported by event-driven brand building through international olive oil competitions (London, Canada) and Azerbaijan's first Olive Festival. The company employs 350 permanent staff with a planned increase to 500 tied to the upcoming Olive Processing Complex, and has earned third-party quality recognition including medals from international competitions and Leader Brand status in Russian Roskachestvo testing.

Name

Grand Agro

Legal name

Grand Agro MMC

Website

https://grandagro.az

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Short description

Grand Agro MMC is an Azerbaijani integrated agro-food producer and AFI subsidiary that cultivates ~3,000 hectares of olive and almond orchards and sells premium Olivea extra virgin olive oil, table olives, and almonds through Russian retail chains (X5, Lenta) and exports to nine countries.

Ownership category

akta.pro rank

Product category

Premium Olive Oil Production

NAICS

Fruit and Tree Nut Farming (1113), Starch and Vegetable Fats and Oils Manufacturing (31122)

SIC

Agricultural Production-Crops (100), Fats & Oils (2070)

akta.pro industry

PRIMARYAFAGACAG

Olive Groves (Olives for Oil & Table)

Agriculture & Food Production/Crop Farming/Fruit & Tree Nut Orchards (Citrus, Apples, Berries, Almonds, Walnuts)

SECONDARYAFAKAEAC

Olive Oil Production & Bottling

Agriculture & Food Production/Food Processing & Manufacturing/Edible Oils, Fats & Margarine Manufacturing

SECONDARYAFAGACAK

Orchard Establishment & Replanting (New Plantings, Rootstock Selection, Trellising Systems)

Agriculture & Food Production/Crop Farming/Fruit & Tree Nut Orchards (Citrus, Apples, Berries, Almonds, Walnuts)

Keywords

• Olive oil production
• Almond cultivation
• Table olive processing
• Orchard management
• Cold-pressed olive oil

Headquarters

HQ city

Baku

HQ country

Azerbaijan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Olive Oil Production and Sales: Production and sale of premium Olivea Extra Virgin Olive Oil, sold in 250ml, 500ml, and 1000ml bottles. Distributed domestically and exported to international markets including Russia, Belarus, Singapore, Spain, Turkey, Georgia, UAE, and Israel.
2. Table Olives Production and Sales: Production and sale of Olivea table olives (süfrəlik zeytun) for domestic market and export.
3. Almond Production and Sales: Cultivation and harvesting of almonds including varieties such as Ferraduel, Ferragnes, Marta, Penta, Mardia, Soleta, Guara, Belona, Lauranne. Products offered in premium quality for both domestic market and export.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Grand Agro MMC cultivates olives and almonds across approximately 3,000 hectares of orchards in Azerbaijan and processes them into premium OLIVEA extra virgin olive oil (250ml, 500ml, 1000ml bottles) and table olives for both domestic and export markets. The company operates a fully integrated production chain from InVitro laboratory seedling cultivation through modern drip-irrigated orchards, processing, and packaging under a traceability system. It is part of Agro Food Investments Group (AFI) and exports OLIVEA products to nine countries including Russia, Belarus, Singapore, Spain, Turkey, Georgia, UAE, and Israel.

Product overview

Grand Agro operates as an integrated agro-food company with a fully integrated production chain from seedling cultivation in InVitro laboratories through orchard management, processing, and export. The company produces two main product lines under the Olivea brand: Extra Virgin Olive Oil (cold-pressed, available in 250ml, 500ml, and 1000ml bottles) and Table Olives. Both products are produced from olives grown in the company's own orchards in Azerbaijan's most fertile regions, processed at specialized facilities, and exported to international markets including Russia, Belarus, Singapore, Spain, Turkey, Georgia, UAE, and Israel.

Differentiator

Problem solved

Functional benefit

Brands

• OLIVEA: Premium olive oil brand producing Extra Virgin Olive Oil and table olives. The brand has won international recognition including gold medals at London and Canada olive oil competitions.

Products and services

• Olivea Extra Virgin Olive Oil Premium cold-pressed extra virgin olive oil produced from olives grown in Grand Agro's Azerbaijani orchards, available in 250ml, 500ml, and 1000ml bottles for retail and export distribution.
• Olivea Table Olives

Quantifiable outcome

• 1 million trees planted
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• X5 GroupcoreChannel Partner/ Reseller/ DistributorMajor Russian retail chain distributing Olivea products through over 20,000 sales points across Russia. This is a key distribution partnership for the Russian market.
• LentacoreChannel Partner/ Reseller/ DistributorRussian retail network selling Olivea products as part of their premium olive oil offerings.
• Agro Food Investments (AFI)coreOthersGrand Agro MMC is part of Agro Food Investments Group (AFI), one of the largest agricultural and FMCG groups operating in Azerbaijan and the Caucasus region. AFI manages multiple agricultural processing facilities, dairy and livestock farms, horticulture, logistics and warehouse complexes.

Scale indicators11 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Deoleo: Spanish owner of major EVOO brands (Carbonell, Bertolli, Carapelli). Comparable to Grand Agro as a branded olive oil operator with multi-country retail distribution and a focus on premium positioning.
• Oleoestepa: Spanish olive oil producer-cooperative with strong emphasis on quality certification and traceability. Comparable to Grand Agro's traceability-from-orchard positioning and premium EVOO strategy.
• Ybarra: Spanish olive oil and table olive producer with global distribution. Comparable to Grand Agro across both core product lines (EVOO and table olives) and export-led GTM.
• California Olive Ranch: US-based vertically integrated olive oil producer operating its own orchards, processing, and retail brands. Comparable on integrated production, modern drip-irrigation agriculture, and premium EVOO positioning.
• Sovena: Portugal-headquartered, vertically integrated olive oil producer with its own orchards, milling, bottling, and global branded distribution. Closely comparable to Grand Agro's orchard-to-bottle model and export orientation.
• Borges International Group: Spanish olive oil producer and exporter with branded retail SKUs across multiple markets. Comparable as an EVOO-focused operator with international retail distribution.
• The Wonderful Company (Wonderful Pistachios & Almonds): Vertically integrated US almond and pistachio grower-processor with branded retail SKUs and global distribution. Comparable to Grand Agro's almond orchards, branded almond product, and export channels.

Broad incumbents

• Almarai: Large Saudi food and agribusiness conglomerate with vertically integrated dairy, bakery, and poultry operations. Comparable as a regional agribusiness incumbent; relevant for benchmarking Grand Agro's parent-group structure.
• Minerva Foods: Latin American protein/food conglomerate with global commodity distribution. Comparable as a large, diversified agro-FMCG player relevant for benchmarking how a diversified group commercializes agricultural output internationally.

Regional players

• Marmarabirlik: Turkish olive cooperative and one of the world's largest table olive producers. Comparable as a regionally anchored olive-focused operator with export ambitions into neighboring geographies such as Azerbaijan and Russia.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/grandagroLLC
• LinkedInlinkedin.com/company/grandagrollc

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Grand Agro