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Tag: olam
Olam to acquire ADM's cocoa business for S$1.7b
2014-12-16 02:04:15| Agriculture - Topix.net
The acquisition establishes Olam as one of the world's top three cocoa processors, the company said in a filing to the Singapore Exchange on Tuesday. SINGAPORE: Mainboard-listed agri-business giant Olam International said on Tuesday it will acquire the global cocoa business of Archer Daniels Midland for US$1.3 billion .
Tags: business
acquire
cocoa
olam
Olam set to acquire ADMs cocoa business for $1.3bn
2014-12-16 01:00:00| Food Processing Technology
Olam is to acquire the cocoa business of Archer Daniels Midland for $1.3bn, which would include fixed assets of $550m and working capital of $750m.
Tags: business
set
acquire
cocoa
Food industry news of the week: Mondelez, Olam, Just Mayo
2014-11-15 01:45:21| Food - Topix.net
Mondelez to acquire 80% of Kinh Do Corp.'s snack unit Mondelez International has struck a deal to take an 80% stake in Vietnamese food group Kinh Do Corp.'s snack business for VND7.85trn . Olam reveals talks after shares jump Singapore-based agri-food group Olam International has said it is in talks on "corporate development opportunities" after its shares rose sharply, prompting a stock market request for information.
Olam to establish new cocoa processing facility in Indonesia
2014-05-20 01:00:00| Food Processing Technology
Olam International, a Singapore-based processor of agricultural products and food ingredients, has announced plans to invest around $61m to establish a new cocoa processing facility in Indonesia.
Tags: processing
establish
facility
indonesia
Breedens-led consortium to gain full control of commodity trader Olam
2014-03-14 01:00:00| Food Processing Technology
A Breedens Investments-led consortium is planning to gain full control of Olam International through the acquisition of the remaining stake in the company.
Tags: full
control
gain
commodity