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      Olam Agri secures 7-year US$100 million financing from FMO

      Press release 2nd Mar, 2026

      Singapore 

      Olam Group Limited (“Olam Group”) announced today that its food, feed and fibre operating group, Olam Agri, has secured a 7-year US$100 million financing facility (“the Facility”) from Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (“FMO”).

      The Facility has Olam Agri subsidiaries, namely, Olam Global Agri Pte. Ltd. and Olam Global Agri Treasury Pte. Ltd. as borrowers. The Facility is initially guaranteed by Olam Group which will be assumed by Olam Agri upon demerger of Olam Agri.

      Olam Agri will use the proceeds to support the flow of rice from India, Thailand, and Vietnam to African countries that depend on rice as a dietary food staple. This contributes to food security and strengthens value chain resilience in those markets.

      Hans Bogaard, Director Agribusiness, Food & Forestry at FMO, said: “We are pleased to support Olam, a founding member of the Sustainable Rice Platform that promotes low-emission, water-efficient rice farming. Its combination of large-scale reach, deep smallholder engagement, and advanced digital systems gives the company a structural advantage to be at the forefront of sector-wide sustainability progress. FMO looks forward to deepening partnership with Olam Agri and contributing to more reliable, sustainable, and equitable food systems across the Asian and African continents.”

      Julie Greene, Chief Sustainability Officer of Olam Agri said: “Ensuring reliable access to affordable, nutritious food is central to what we do as a global food and agri-business. This support from FMO strengthens our ability to move essential food from places where it’s grown more abundantly to markets where there’s high demand, while continuing to invest in resilient, transparent supply chains.”

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      About FMO

      FMO is the Dutch entrepreneurial development bank. As a leading impact investor, FMO supports sustainable private sector growth in developing countries and emerging markets by investing in ambitious projects and entrepreneurs. FMO believes that a strong private sector leads to economic and social development and has a 55+ year proven track record in empowering entrepreneurs to make local economies more inclusive, productive, resilient and sustainable. FMO focuses on three sectors that have high development impact: Agribusiness, Food & Forestry, Energy, and Financial Institutions. With a total committed portfolio of EUR ~13.5 billion spanning over 85 countries, FMO is one of the larger bilateral private sector development banks globally.

      For more information: please visit www.fmo.nl

      About Olam Agri and Olam Group

      Olam Agri is a market leading, differentiated food, feed and fibre agri-business with a global origination footprint, processing capabilities and deep understanding of market needs built over 36 years. With a strong presence in high-growth emerging markets and products across grains & oilseeds, wheat milling & pasta, rice, edible oils, specialty grains & seeds, animal feed & protein, cotton, wood products, rubber, sugar & bioenergy and commodity financial services, Olam Agri is at the heart of global food and agri-trade flows with 53.7 million MT in volume handled in 2025. Focused on transforming food, feed and fibre for a more sustainable future, it aims at creating value for customers, enable farming communities to prosper sustainably and strive for a food-secure future. Olam Agri Holdings Limited, which holds the Olam Agri business, is a 64.6% owned subsidiary of Olam Group. 35.4% of Olam Agri Holdings is owned by SALIC International Investment Company, a wholly owned subsidiary of Olam Agri’s strategic partner The Saudi Agricultural and Livestock Company.

      For more information and to subscribe to our news alerts, please visit https://www.olamagri.com/

      Olam Group is a leading food and agri-business supplying food, ingredients, feed and fibre to 22,000 customers worldwide. Our value chain spans over 60 countries and includes farming, processing and distribution operations, as well as a global network of farmers. Through our purpose to ‘Re-imagine Global Agriculture and Food Systems’, Olam Group aims to address the many challenges involved in meeting the needs of a growing global population, while achieving positive impact for farming communities, our planet and all our stakeholders.

      Headquartered and listed in Singapore, Olam Group is a component stock of the iEdge Singapore Next 50 index and a Singapore constituent of market indices including the FTSE Global All World Ex US Index, FTSE Developed All Cap Ex US Index, MSCI World ESG Screened Index, MSCI EAFE Small Cap Index and MSCI EAFE Investable Market Index (IMI). It is also part of the FTSE4Good Index Series, a global sustainable investment index series developed by FTSE Russell, following a rigorous assessment of Olam’s supply chain activities, impact on the environment and governance transparency.

      More information on Olam can be found at www.olamgroup.com. 

      Olam is located at 7 Straits View, Marina One East Tower #20-01, Singapore 018936. Telephone: +65 63394100, Facsimile: +65 63399755.

      Contacts for Olam Investor Relations:
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      Also in the News

      Press release
      10th Apr, 2026

      Olam Group publishes 2025 Annual Report “From Vision to Value” and announces Board and management changes

      Singapore Chairman Lim Ah Doo, Co-Founder, Executive Director and Group CEO Sunny Verghese to step down from Olam Group Limited on conclusion of its 5th AGM on April 27, 2026 Deputy Chairman Yap Chee Keong will assume role as Chairman Board plans to appoint a Lead Independent Director, with the search for another independent director underway ofi CEO Shekhar Anantharaman to be appointed as Executive Director on the Board Management changes, new management structure and executive appointments to support operating groups and execution of Re-organisation Plan Group CFO N. Muthukumar to step down at the conclusion of the 5th AGM Venkataraman Krishnan to be appointed as new Group CFO on the same day  Gautam Wadhwa to be appointed as CEO of OGH1  on April 20, 2026 Olam Group Limited (“Olam Group” or “OGL”) has published its 2025 Annual Report entitled “From Vision to Value”, which comprises three comprehensive components – Strategic Report
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      Press release
      6th Apr, 2026

      Olam Group announces proposed divestment of Mindsprint to Wipro as part of its Re-organisation Plan

      Singapore  Olam Group to divest its IT and digital services business, Mindsprint, to global technology services and consulting company, Wipro, for US$375 million, marking another step forward in its Updated 2025 Re-organisation Plan1.  Awards an eight year strategic transformation deal to Wipro with a committed annual spend of US$100 million.  The combined capabilities of both Mindsprint and Wipro will accelerate Olam Group’s mission-critical programmes, strengthen its core operation and deliver scalable outcomes.  Olam Group Limited (“Olam Group” or the “Company”, together with its subsidiaries “the Group”) today announced that it has entered into a definitive agreement with Wipro Limited (“Wipro”) to sell its 100% stake in Mindsprint Pte. Ltd. (“Mindsprint”) for a cash consideration of US$375 million, subject to closing adjustments (the “Proposed Sale”).  The Proposed Sale is in line with the Group’s Updated 2025 Re-organisation Plan to respons
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      Press release
      18th Mar, 2026

      ofi secures inaugural EUR financing facility of EUR 1,100 million

      Singapore  Olam Group Limited (“Olam Group”) announced today that its wholly owned subsidiary, olam food ingredients (“ofi”), a global leader in naturally good food and beverage ingredients, has secured its inaugural dual-tranche EUR syndicated loan facility aggregating EUR 1,100 million (the “Facility”). Rishi Kalra, Executive Director and Group CFO of ofi said: “I am delighted to announce the successful completion of our inaugural EUR financing. This facility demonstrates our ability to tap into diverse pools of capital to further diversify our borrowing mix. It enhances our robust liquidity position and provides financial flexibility to execute our strategy and deliver value to our stakeholders.” The Facility has Olam Treasury B.V. (“OTBV”) as a Borrower. The Facility is initially guaranteed by Olam Group Limited which would transfer to ofi Group Limited following the planned IPO and demerger of ofi. Proceeds from the Facility will be applied towards refinancing of ofi’s ex
      Read more

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