date:Oct 24, 2019
Singapore-based agricultural products and food ingredients processor Olam International has signed an agreement to acquire a complete stake in US-based Hughson Nut (HNI).
Olam will acquire the almond processor and ingredient manufacturer in addition to associated real estate assets from APB Partners in a deal valued at $54m.
The deal is in line with Olams strategic plan to offer distinguished solutions, including ingredients and products innovation, as well as a focus on new customer segments