Our global team of employees has built leadership positions in businesses such as cocoa, coffee, cotton, nuts and spices.
Headquartered and listed in Singapore, we rank among the top 30 largest primary listed companies in Singapore in terms of market capitalisation on SGX-ST. We are a Fortune Global 500 company and since June 2020 we have been included in the FTSE4Good Index Series.
In January 2020, we announced a Re-organisation Plan to create distinct and coherent operating groups – ofi, Olam Agri, and the Remaining Businesses of Olam Group – to maximise long-term value on a sustained basis.
Each operating group has developed a clear Purpose, compelling vision and a differentiated strategy to capitalise on specific trends that underpin its sectors, take advantage of market opportunities, attract talent, optimise resources and invest in requisite assets and capabilities which will deliver profitable growth and build long-term value on a sustained basis.
ofi offers sustainable, natural, value-added food products and ingredients and preparation for it to seek a primary listing on the London Stock Exchange, with a concurrent secondary listing on the Singapore Exchange, is underway. In conjunction with the IPO, it is intended ofi will demerge from the Olam Group (OGL).
Olam Agri is a market leading agribusiness, focused on high-growth consumption markets. The Saudi Agricultural and Livestock Investment Company (SALIC), a wholly owned subsidiary of Public Investment Fund of the Kingdom of Saudi Arabia, has invested US$1.24 billion for a 35.43% stake in Olam Agri. This creates a benchmark valuation and a strong shareholder base for a potential listing and demerger, it releases cash for the Group to reduce its gearing and catalyses access to new markets.
We are exploring strategic options to maximise the value of the Remaining Businesses of Olam comprising Nupo Ventures - our incubator and start-up businesses, Mindsprint - providing shared services to the operating groups, and Olam Global Holdco - which holds the de-prioritised and gestating assets.
Our value chain spans over 60 countries, from growing crops in our own orchards and estates, to sourcing from a global network of farmers. We operate over 85 large processing and manufacturing facilities, developing and delivering food ingredients, feed, and fibre, alongside supply chain, trading and risk management expertise to support our customers’ needs. Additionally, We market our own brands directly to consumers in Africa. Here’s a flavour of what that looks like.
Our scale and insight means we share learnings from one crop to another. Coupled with investments in processing, we have clear line of sight across these supply chains. We’re firm believers in the ability of large-scale and small-scale farmers to work hand-in-hand, increasing volumes and stimulating opportunity around our operations through smallholder outgrower programmes.
We have vast global network of farmers. Most are smallholders in emerging markets, so we have experienced teams on the ground all year round to support them.
With over 80 large processing and manufacturing facilities globally, we transform raw materials into bespoke ingredients, fibre and manufacturing blocks.
Safety, quality, efficiency and the environment are cornerstones of our processes. We have facilities close to production and customer markets, facilitating trading, creating employment and reducing our carbon footprint.
We employ agronomists, analysts, ginners, quality assurers, traders and many more besides. We take pride in creating solutions and innovating throughout the supply chain.
We aim to address the challenges involved in meeting the needs of a growing population, while achieving positive impact for farming communities, our planet and our stakeholders.
Our values are the tangible expression of our culture and the foundation of our shared philosophy.
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