Olam International Ltd

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Olam International is the 3rd largest agribusiness in the world, operating from seed to shelf in 70+ countries, supplying food and industrial raw materials to 23,000+ customers worldwide. Olam is one of the world’s largest suppliers of cocoa beans and products, coffee, cotton and rice.[1]

The group is a fully-integrated supply chain manager and processor of agricultural products and food ingredients, operating through 5 business segments:

  • Edible Nuts, Spices and Vegetable Ingredients: edible nuts (cashew, peanuts, almonds, hazelnuts, pistachios, walnuts, sesame and beans including pulses, lentils and peas), spices and vegetable ingredients (including pepper, onion, garlic, capsicums and tomato).
  • Confectionery & Beverage Ingredients: cocoa and coffee.
  • Industrial Raw Materials, Ag Logistics and Infrastructure: cotton, wood products, rubber, fertilisers and Gabon Special Economic Zones, including silos, ports and infrastructure.
  • Food Staples and Packaged Foods: rice, sugar and sweeteners, grains and animal feed, palm oils, dairy and packaged foods.
  • Commodity Financial Services: risk management solutions, market-making, volatility and asset management, and trade and structured finance.
link=Deforestation#Four Commodities

Deforestation: Africa, Gabon: Olam is developing a giant series of palm oil and rubber plantations. Some 35,000 hectares of dense forest was cleared by the company across 4 different sites between 2011-2017. In Feb.2017, after Mighty Earth's exposé of Olam's destruction, Olam agreed to suspend further clearing for a year. The commitment has since been extended to Jan.2019.ref See also Olam International § Deforestation-linked palm oil, cocoa, and rubberWikipedia-W.svg

Company

Shareholders

Total float: 67.3%
Source: MarketScreener.svg, Mar.2020; Olam Shareholding Structure
† Temasek Holdings Private Ltd is the Govt of Singapore's wealth fund. Temasek HoldingsWikipedia-W.svg

Structure

ToDo: Shareholders, Reports, AR-2018, p.36, Subsidiaries, AR-2017, p.49+, CH

Timeline

  • Nov.2015: Olam International Ltd announced that its Grains platform planned to expand into animal feed and related businesses in Nigeria. The expansion involves setting up poultry and fish feed mills as well as hatcheries to produce day-old-chicks.[2]


References

  1. ^ Annual Report 2018. page 49 fwds, Olam International Ltd, Dec.2018.
  2. ^ Agriculture Industry Flash. Origin Merchant Partners, Dec.07.2015.