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Articles Tagged with ''Olam Cocoa''

Olam Cocoa to acquire BT Cocoa

March 5, 2019

Global food and agri-business Olam International Limited announced that it has acquired an 85 percent share of YTS Holdings Pte Limited for a consideration of USD $90 million, which is 100 percent owner of PT. Bumitangerang Mesindotama (“BT Cocoa”).

Olam buys Indonesian cocoa processor BT Cocoa for $90M

Growth in Asia’s demand for cocoa powder motivated acquisition.

February 27, 2019

Olam sought to purchase BT Cocoa to capitalize on Asia’s trajectory to become the largest global consumer of cocoa powder.

Olam opens new Cocoa Innovation Centre in Willowbrook

Facility will help customers refine recipes, develop new products.

Douglas J. Peckenpaugh

May 3, 2017

Olam Cocoa marked the opening of its latest Cocoa Innovation Centre in Willowbrook, Ill. on April 27.

Hershey partners with Blommer Chocolate, Olam Cocoa to build health center in Cote d’Ivoire

A second health center designed to serve 3,000 families already under construction.

Bernie Pacyniak

February 24, 2016

Olam closes ADM Cocoa acquisition

Deal results in newly created entity Olam Cocoa

Crystal Lindell

October 19, 2015

Olam Int’l Ltd. has finally completed its $1.2 billion acquisition of ADM’s cocoa business — and the result is the newly created entity Olam Cocoa.

Olam

ADM to sell global cocoa business to Olam for $1.3B

Deal establishes Olam Cocoa as one of the world’s top three cocoa processors.

Crystal Lindell

December 17, 2014

Archer Daniels Midland Co. is getting completely out of the cocoa business, while Olam Cocoa is moving into the category’s big leagues.

Opopop aims to heat up microwave popcorn category

Hershey showcases its new strategies at Sweets & Snacks Expo

Hershey showcases new strategies, candy

Hard candy evolves beyond traditional sweetness

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