Olam

Olam International has announced that it is set to complete the acquisition of the global cocoa business of Archer Daniels Midland Company (ADM) for $1.3 billion. In a statement, Olam said the deal would establish Olam Cocoa as one of the world’s top three cocoa processors focused on the supply of cocoa liquor, powder, and butter, with strong manufacturing, R&D and product development skills. The deal includes 8 factories with …