40675
OLAM INTERNATIONAL LIMITED
May 3, 2018
World Region
Global
Jun 6, 2018
B - Limited
Completed
Dec 14, 2023
Regional Industry - MAS Asia & Pac
Agribusiness and Forestry
Approved : Mar 26, 2020
Signed : Apr 28, 2020
Invested : May 8, 2020
Diversified Edible Agricultural Crops Production
Olam International is a leading agri-business operating across the value chain in 66 countries, supplying various products across 18 platforms to more than 22,000 customers worldwide. From a direct sourcing and processing presence in most major producing countries encompassing Asia-Pacific, SSA, North, Central & South America, Olam has built a global leadership position in many of its businesses. Headquartered in Singapore and listed on the SGX-ST on February 11, 2005, Olam currently ranks among the top 30 largest primary listed companies in Singapore in terms of market capitalization. It differentiates itself by focusing on niche commodities and businesses, buying from growers and village-level agents at the farm gate, and providing value-added solutions and services to customers (e.g., traceability guarantees).
The proposed transaction is an agricultural supply chain financing to Olam to promote inclusive and sustainable agricultural value chains in SSA, East Asia, and the Pacific. With the proposed financing IFC will support Olam’s efforts to create markets for smallholder farmers in IDA countries, most of whom are unbanked or disconnected from financial systems.
For Inquiries About the Project, Contact
Mr. Jayant S. Parade
President & Global Head – Treasury & IR Group Treasurer
Olam International Limited 7 Straits View,
Marina One East Tower #20-01; Singapore 018936
Tel: +65 6339 4100; Fax: +65 6339 9217 E-mail: jayant@olamnet.com
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Mr. Jayant S. Parade
President & Global Head – Treasury & IR
Group Treasurer
Olam International Limited
7 Straits View, Marina One East Tower #20-01; Singapore 018936
Tel: +65 6339 4100; Fax: +65 6339 9217
E-mail: jayant@olamnet.com
Dr. Christopher Stewart
Global Head of Corporate Responsibility and Sustainability (CRS)
Olam International (UK) Limited
New Zealand House, 80 Haymarket, London, SW1Y 4TQ, UK
Tel: +44 20 7389 6464
E-mail: Christopher.stewart@olamnet.com
Website: http://olamgroup.com/sustainability/