date:Apr 26, 2019
our long-term commitment to the Nigerian economy.
The proposed acquisition is reported to be part of Olams strategy to strengthen its portfolio.
According to Olam, the demand for flour is expected to grow, due to the increased consumption of convenient and affordable wheat-based products, such as bakery snacks and pasta amongst Nigerian consumers.
Suresh further added: Since 2010, when we first acquired Crown Flour Mills in Nigeria, Olam has invested in and grown a world-class wheat milling f