Red Island® was purchased by CBO in 2012 and is the second-highest selling brand of Australian extra virgin olive oil (behind Cobram Estate®) with sales of $26.5 million in FY2022. Red Island® has received multiple awards for excellence in quality and taste and is distributed nationally throughout Australian supermarkets and exported to New Zealand, Malaysia, Fiji, China, Canada, and Vietnam. Red Island® is positioned to attract a more price-conscious shopper to the Australian extra virgin olive oil category, complimenting the Company’s premium Cobram Estate® brand.