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Olam buys US peanut sheller McCleskey Mills for US$176m

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Mainboard-listed Olam International, whose agribusiness operates across the value chain in 65 countries, on Friday announced the acquisition of a 100 per cent equity stake in US peanut sheller McCleskey Mills (MMI) for US$176 million. This is Olam's largest acquisition since its 2010 purchase of Gilroy Foods for US$250 million.

Singapore

MAINBOARD-LISTED Olam International, whose agribusiness operates across the value chain in 65 countries, on Friday announced the acquisition of a 100 per cent equity stake in US peanut sheller McCleskey Mills (MMI) for US$176 million. This is Olam's largest acquisition since its