The deal raises SALIC’s ownership in Olam Agri to 80.01% and moves the business closer to full acquisition within three years.
The new site raises local demand for canola and links farmers to food and fuel markets worldwide.
The deal will expand Beck’s processing and distribution capacity in a key soybean growth region.
New outlook points to lower grain and soybean imports as China leans more on local supply.
Governments across the region step up support as local rice struggles against cheaper imports.