Tag Archives: Olam

Olam set to acquire Nigeria’s Dangote Flour Mills

Olam International Limited, a Singaporean agro-allied company, offers to acquire Dangote Flour Mill in a bid worth $362 million. Singapore-based commodity trader, Olam International, said it will buy Nigeria’s Dangote Flour Mills for an enterprise value of 130 billion naira ($362 million), as it looks to bolster its position in West Africa wheat market. The price was calculated on a …

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Olam builds cocoa powder facility in U.S.

Olam, a leading agri-business company operating in 70 countries, is building its first U.S. manufacturing site. The company is establishing 183,000-square-foot  a cocoa powder manufacturing facility in Illinois. Global commodities trader Olam International Ltd is building a cocoa powder manufacturing facility outside Chicago, Reuters said. The plant marks the latest step in the transformation of the large Singapore-based cocoa trader …

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Olam To Build A Grain Terminal In Ukraine

Ukrainian First Vice-Prime Minister Stepan Kubiv said that Olam, global agri-business company, plans to construct a grain-handling terminal in Ukraine, which will nearly double its grain exports over the next five years. Olam International Ltd. plans to invest funds in the construction of a grain terminal in one of the Ukrainian ports, reported UkrAgroConsult. According to the Kiev-based agricultural market …

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