Unilever is selling its edible oil business and oil palm plantations, Palmci and PHCI, in Côte d’Ivoire.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


The operations will be sold to SIFCA and a 50:50 joint venture company comprising SIFCA and Wilmar International and Olam International, both based in Singapore.


The deal, which is still subject to approval by the regional authorities, is expected to be completed by the end of 2008.


“The divesture is part of our strategy of increasing focus on core value-added businesses,” a spokesperson for the group told just-food.


Unilever recently announced plans that it is considering selling its Bertolli olive oil business. The company told just-food that it is “too commodity-driven to allow us to add value through innovation”.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now