Singapore—Olam Food Ingredients (OFI) is acquiring Olde Thompson, a U.S. private label spices and seasonings manufacturer, at an enterprise value of $950 million, according to a press release. The acquisition reinforces OFI’s growth strategy of being a global leader in providing sustainable, natural, value-added food and beverage ingredients and solutions,...
Singapore—Olam International Ltd. has released its 2020 Annual Report, titled "Unlocking long-term value and driving sustainable growth,” according to a press release. The report outlines the company’s financial and non-financial performance for the year, including how Olam navigated the pandemic and executed its strategic plan for sustainable growth, as well...
London, England—Olam International Limited has extended the application deadline for its biannual innovation prize to March 15, 2021, according to a press release. The deadline was extended due to COVID-19. The goal of the competition is to support innovations that will help reduce food insecurity. The program's website notes that...
