Olam International Ltd - Company Profile
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Olam International Ltd (Olam) is a subsidiary of Temasek Capital (Private) Limited, is engaged in processing and distributing agricultural products and food ingredients. It also is involved in sourcing, primary processing, packaging, and marketing of agricultural products and food ingredients. The company’s product portfolio includes edible oils, spices, cocoa, coffee, food staples, packaged foods, and infrastructure and logistics. Olam also provides commodity financial services and fund management businesses. It supplies foods and industrial raw materials to customers across Asia, West and Central Africa, East Africa, Southern Africa, Middle East, and North Africa, North America, Central America, South America, Europe, and Australia. Olam is headquartered in Singapore City, Singapore.
Headquarters
Singapore
Address
7 Straits View, #20-01, Marina One East Tower, Singapore, 018936
Website
https://www.olamgroup.com/
No of Employees
81,650
Industry
Consumer Packaged Goods
Revenue (2021)
$35.0B
Olam International Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Olam Food Ingredients: | Commodity Trading | dezan |
| Coffee | Infrastructure and Logistics | Unicao |
| Dairy | Risk Management | Joanes |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Corporate Changes/Expansions | In November, the company opened the first phase of its new dairy processing plant in the dairy heartland of New Zealand. |
| 2023 | Corporate Changes/Expansions | In August, the company opened a new herb processing facility in Beni-Suef, Egypt. |
| 2023 | New Products/Services | In March, the company and its subsidiary Crown Flour Mill Limited launched a US$750,000 10-year project to set up community seed enterprises for Nigerian farmers to increase their production of wheat. |
Competitor Comparison
| Key Parameters | Olam International Ltd | Cargill Inc | Wilmar International Ltd | ED&F Man Holdings Ltd | Tate & Lyle PLC |
|---|---|---|---|---|---|
| Headquarters | Singapore | United States of America | Singapore | United Kingdom | United Kingdom |
| City | Singapore | Minneapolis | Singapore | London | London |
| State/Province | - | Minnesota | - | England | England |
| No. of Employees | 81,650 | 160,000 | 100,000 | 5,959 | 3,604 |
| Entity Type | Private | Private | Public | Private | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Lim Ah Doo | Chairman | Executive Board | 2017 | 72 |
| Sunny George Verghese | Chief Executive Officer; Director | Executive Board | 1996 | 62 |
| N. Muthukumar | Managing Director; Chief Financial Officer | Senior Management | - | - |
| Ben Pearcy | Managing Director; Chief Strategy Officer | Senior Management | 2020 | - |
| Prakash Jhanwer | Head - Private Label and Food Services, Olam Food Ingredients; Managing Director - Olam Food Ingredients | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XY |
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