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Olam acquires US peanut sheller for US$85m

This will strengthen its position as third-largest peanut sheller in the US, says agri-commodities firm

Singapore

OLAM International is buying another peanut sheller in the US, Brooks Peanut Company, for US$85 million.

The purchase, coming after its acquisition of McCleskey Mills Inc (MMI) in December 2014, would strengthen its position as the third-largest peanut sheller in the US...

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