Announced
Completed
Financials
Tags
food and beverage
Completed
Acquisition
Majority
Friendly
Canada
Cross Border
Private
Brewers
Single Bidder
fast-moving consumer goods
coffee
Synopsis
Olam Food Ingredients, a naturally beneficial ingredients and solutions for food and beverages, completed the acquisition of Club Coffee, which specializes in producing mainstream and premium coffees for many brands, retail, and food service sectors, for CAD150m. “I am delighted to welcome Club Coffee into ofi. Bringing together our respective expertise in sustainable sourcing and innovative packaging we are well-positioned to meet the increasing consumer demand in these areas, we expect to bring these benefits to our customers through this exciting combination," Vivek Verma, Ofi MD & CEO.
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