The company aims to increase its market share of whole grain bread in Finland from 57% to 65% by 2030.
The deal, arranged by BNP Paribas and Crédit Agricole Corporate and Investment Bank (CIB), will fund key components of OCP’s US$13 billion Green Investment Program running through 2027
The company’s regional push is closely tied to its export strategy.
For Farmley, this investment represents a major turning point as it seeks to increase its market share in India’s quickly expanding dried fruit and nut sector.
The project will process locally-grown peanuts into Nutzy-branded coated snacks, create jobs, and boost rural incomes.