Olam’s Makouke palm plantation in Gabon achieves RSPO certification

GABON – Makouke Plantation, managed by Olam International’s subsidiary Olam Palm Gabon, has become certified by the Roundtable on Sustainable Palm Oil (RSPO), making the multinational food and agribusiness company be on track to achieve […]

Olam International completes acquisition of Dangote Flour Mills for US$331m

NIGERIA – Olam International Limited, the multinational food and agribusiness company has completed the acquisition of Dangote Flour Mills (DFM) through its Nigerian subsidiary, Crown Flour Mills Limited for N120 billion (US$331m). DFM will consequently […]

Olam International acquires Hughson Nut to expand its almond ingredients business

USA – Global food and agri-business company, Olam International has secured a deal to acquire a 100% interest in leading Californian almond processor and ingredient manufacturer Hughson Nut Inc (HNI) for US$54 million. Owned by […]

Olam International successfully completes US$1.5bn debt refinancing

SINGAPORE – Global food and agri-business Olam International Limited and its wholly owned subsidiary, Olam Treasury Pte. Ltd, have secured a multi-tranche revolving credit facility aggregating US$1.525 billion. The Facility consists of three tranches; a […]

Dangote Flour Mills approves US$331m acquisition by Olam’s Crown Flour Mills

NIGERIA – Olam International Limited, multinational food and agribusiness company through its Nigerian subsidiary, Crown Flour Mills Limited is set to acquire Dangote Flour Mills Plc (DFM) for US$331 million (N120 billion) at N24.00 per […]

Olam’s Nutrifoods debuts Perk Strawberry Shortcake Biscuit in Ghana

GHANA – Nutrifoods Ghana Limited, a subsidiary of Olam Ghana and a market leader in the production of top-grade biscuits, has debut the first locally made strawberry shortcake biscuit, ”Perk Strawberry Shortcake” under its Perk […]

Olam secures US$525m funding to support its sustainability commitments

SINGAPORE — Olam International and its wholly owned subsidiary, Olam Treasury Pte. Ltd., have secured a US$525 million revolving credit facility linked to meeting sustainability key performance indicators (KPI). The credit facility will support Olam’s […]

Olam International expands its board with three new appointments

SINGAPORE – Olam International has announced the appointment of three new Non-executive Directors to the Board, as it continues to strengthen its “board’s overall skills set and stewardship effectiveness.” The company has appointed Joerg Wolle […]

Olam International reports 16% growth in H1 revenues despite market challenges

SINGAPORE – Olam International has reported a steady operating performance, recording 16% growth in revenues to US$ 11.47 billion in the first half of 2019, from US$9.86 billion recorded in a similar period last year. […]