The deal raises SALIC’s ownership in Olam Agri to 80.01% and moves the business closer to full acquisition within three years.
This deployment marks a pivotal shift in the industrial food sector as First Mills integrates the advanced Kelvingrove platform across all four of its major production facilities to optimize its supply chain and production cycles.
The internally financed deal aims to improve BinDawood’s supply chain efficiency and expand its high-end product offerings across its retail network.
The company drops its earlier low-carbon ammonia plan after securing feedstock for a major expansion project.
The Saudi-based miller records strong gains in profit and revenue, supported by higher flour demand and cost control.