The financing gives the food processing equipment business additional flexibility as it moves toward independence and a more aggressive acquisition-led growth strategy.
General Mills posted net sales of US$4.6 billion, representing a 1% increase from the same period last year.
The deal expands Olam Agri’s grain sourcing and farming business in Ukraine while marking another step in its growth under SALIC ownership.
The new system allows farmers to apply online for duty-free export access while grain markets continue to adjust to weaker corn demand.
Nestlé has committed to advancing regenerative food systems at scale and aims to source 50% of its key ingredients from farmers adopting regenerative agriculture practices by 2030.