Olam look to Oceania for growth and take stake in Fonterra competitor
Olam International Limited, a leading integrated supply chain manager of agricultural products and food ingredients, today announced that it will invest and acquire 24.99% equity interest in Dairy Trust Limited (”DTL”), which is poised to become New Zealand’s second largest dairy processing company. The total value of their investment will be just above NZ$100 million (around A$80 million) after they sell their 19.9% stake in Open Country Cheese Co. to DTL. The deal enables Olam... ...Read more »

