Swedish-Danish oils and fats giant AarhusKarlshamn (AAK) has acquired Colombian company Fabrica Nacional de Grasas (FANAGRA), which specializes in vegetable oils and fats for the bakery segment.
Food makers enjoying bearish prices for palm oil used extensively
in food applications could see a rise as Malaysia, the world's
number one producer, builds plans to reduce palm oil production,
writes Lindsey Partos.
Cargill is to increase its stake in the Romanian edible oils market
with the acquisition of the local company Olpo Podari. And with
another possible acquisition on the cards, the giant US
agribusiness group clearly sees significant...
Squeezed margins from 'fierce competition' have hit profits at
Swedish oils and fats firm Karlshamns, which this week announced
job cuts in the context of a cost saving programme.
