Olam International

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Chocolate giants sign up to deforestation accord

16 Nov 2017

Top cocoa-producing nations Côte d’Ivoire and Ghana and major confectionery companies have agreed to take action to help eliminate deforestation.

Olam opens expanded Nutrifoods Ghana biscuits plant

3 Apr 2017

Nutrifoods Ghana, Singapore-based Olam International's majority-owned venture in the African state, has opened an expanded biscuit production facility in the city of Tema.

Nestle, Mondelez, Hershey pledge to tackle deforestation in cocoa

17 Mar 2017

Twelve chocolate and cocoa companies, including Nestle, Mondelez International, Hershey today (16 March) announced plans to work together to "end deforestation and forest degradation in the global cocoa supply chain", focusing initially on Côte d’Ivoire and Ghana.

Olam acquires US peanut group Brooks for US$85m

9 Jun 2016

Singapore-based Olam International has acquired US peanut processor Brooks Peanut Company for US$85m.

World Economic Forum's Global Risks Report 2016 - climate change tops poll

22 Jan 2016

The World Economic Forum’s Global Risks Report 2016 rates the failure of climate change mitigation and adaptation as the risk that could have the greatest impact on business. In addition, Ben Cooper writes, the prevalence of climate change risk and the way it is expected to exacerbate other environmental, societal and economic impacts underlines the increasing interconnectedness of business risk, which is an overarching theme of the report.

Olam eyes growth in Nigerian pasta, flour sector with BUA acquisition 

12 Jan 2016

Singapore's Olam International plans to grow its business in Nigeria with the acquisition of the pasta and flour milling operations of BUA Group. 

Mitsubishi buys stake in Olam International

30 Aug 2015

Japanese conglomerate Mitsubishi Corp. is to buy 20% of Singapore-based agri-food group Olam International.

Briefing: Sustainable sourcing - Step change in industry engagement on cocoa

16 Jun 2015

The first section of our management briefing examining how the food industry is working to make agricultural supply chains more sustainable looks at cocoa, a commodity facing grave challenges but now receiving increased and concerted attention from companies following the launch of the CocoaAction collective initiative a year ago.

Food industry news of the week: Mondelez, Olam, Just Mayo

14 Nov 2014

Mondelez International made a notable investment in Asia with a deal to buy 80% of the snacks arm of Vietnamese group Kinh Do. Staying in Asia, Singapore's Olam International revealed it was in talks over "corporate development opportunities" - and we continued our run of interviews, featuring rice supplier Amira Nature Foods, Finnish dairy group Valio and Canadian dairy-free firm Daiya Foods.

Olam earnings down on hazelnut, dairy issues

14 Nov 2014

Olam International saw first-quarter profits fall almost 3% amid challenges in the agri-food group's hazelnut and dairy businesses.

Olam reveals talks after shares jump

12 Nov 2014

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.

AFRICA: FrieslandCampina drives presence with Olam dairy plant acquisition

1 Sep 2014

Olam International has sold its Cote d'Ivoire dairy plant to FrieslandCampina in a US$18.7m deal.

SINGAPORE: One-offs boost Olam FY profits

29 Aug 2014

Olam International has booked a jump in full-year earnings, which were boosted by margin expansion and one-time gains.

SINGAPORE: Japan's Sanyo takes stake in Olam's food biz

18 Aug 2014

Japanese instant noodle group Sanyo Foods has struck a deal to acquire a 25% stake in Olam International's packaged foods business for a consideration of at least US$187.5m.

INDONESIA: Olam plans new cocoa plant

19 May 2014

Olam International is to set up a cocoa processing facility in Indonesia as that side of the Singapore agri-food group's business continues to perform strongly, it said.



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