Olam pays S$3.1 mil for 29% stake in coffee & nuts JV in Spain
19 Apr 2018, 11:47 am
Olam pays S$3.1 mil for 23% stake in coffee & nuts JV in Spain
SINGAPORE (April 19): Olam International says it has paid 1.88 million euros (S$3.05 million) for a 29% stake in a joint venture (JV) company with Guzman Global, the distributor of industrial raw materials as well as coffee & nuts.
Guzman Global holds the remaining 71% stake.
Based in Spain, the JV company is named Guzman Coffee & Nuts (GC&N), and is now an associated company of Olam... (Click here to read the full story)
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