Olam international
Olam to showcase its latest developments at FiAsia 2019
Olam International will be showcasing ingredients ranges from its Cocoa, Edible Nuts and Spices units at this year’s FiAsia, taking place 11-13 September in Bangkok, Thailand.
Olam International reports steady performance despite market challenges
Olam International has reported a steady operating performance, recording $15.9 billion revenues for the first half of 2019, against $13.7 billion for the same period last year.
Business news, Cocoa & chocolate, Ingredients, Sustainability
Olam International scores improved first quarter results
The global ingredients group Olam International has delivered an upturn in its financial performance, with revenues for the quarter standing at $7.3 billion, up 16% year-on-year.
Olam International sets $361 million deal for Nigeria’s Dangote Flour Mills
Global food and agri-business Olam International is set to acquire complete ownership of Dangote Flour Mills (DFM), a flour and pasta manufacturer in Nigeria, for US$ 361 million, amid growing demand for bakery and snack foods in the country.
Business news, Ingredients, New products, Processing, Sustainability
Olam International reports pressure on annual profits amid challenging conditions
Olam International has reported an increase in revenues for 2018, totalling $30.5 billion, up 16% across its global interests for the financial year.
Business news, Cocoa & chocolate, Ingredients, Processing, Sustainability
Olam International agrees $90 million deal for Indonesia’s BT Cocoa
Olam International has signed a $90 million deal to acquire Indonesia’s Bumitangerang Mesindotama (BT Cocoa), the country’s largest business in the sector, building on major growth within the Asian market.
Olam records lower profits amid trading challenges
Olam International, the global cocoa and ingredients business, has reported a third quarter dip in profits, down 14.2% to $20.7 million and nine month profits down 13.6% to $272.6 million, which it attributed to ongoing challenging trading conditions.