Olam Food Ingredients (ofi)
A global leader in food and beverage ingredients.
Since 2020 we have re-organised our diverse portfolio into distinct operating groups, each with a clear purpose, vision and strategy. With a more focused approach, each operating group can take advantage of market opportunities, attract talent, optimise resources, and invest in requisite assets and capabilities to deliver profitable growth and build long-term value on a sustained basis.
A global leader in food and beverage ingredients.
A market-leading and differentiated food, feed, and fibre global agri-business.
Incubating engines for growth, nurturing gestating businesses, and responsibly divesting and redeploying capital through Nupo Ventures, Mindsprint and Olam Global Holdco.
ofi is a global leader in ingredients at the forefront of food and beverage consumer trends offering sustainable, natural and plant-based ingredients and solutions and serving large, attractive and high growth end-use categories.
Olam Agri is a market-leading and differentiated food, feed, and fibre global agri-business focused on high-growth emerging end-consumption markets to meet the rising demand for food staples, agri-industrial raw materials and the shift to protein-based diets.
We are focused on building operating capabilities in high-growth emerging markets. We are one of the leaders in flour and pasta manufacturing in Africa; integrated animal feed in Nigeria; and as a global rice and cotton merchant.
We are exploring strategic options to maximise the value of the Remaining Businesses of Olam Group (Remaining Olam Group), while taking these businesses to full potential.
Nupo Ventures is an incubator for start-up growth initiatives focused on ‘digital’ and ‘sustainability’. We offer a suite of industry leading supply chain solutions for farmer and customers and are focused on five key initiatives.
Mindsprint draws on its experience in supporting the Olam Group as its shared services arm. Comprising Technology Services, Cybersecurity, Digital and Global Business Services spanning end-to-end business operations, Mindsprint has a unique offering and is looking to develop new services beyond its current sector.
Olam Global Holdco develops our gestating assets with a view to partially and/or fully monetising them over time and oversees the responsible divestment of our non-core de-prioritised businesses and assets.
Frequently Asked Questions
Where can I find more information about your Company’s strategy?
You may wish to view or download the Company’s investor presentation here for more information on its strategy or download our investor factsheet for a summary of our Company’s strategy.
What time frame does your Company’s strategy cover?
Olam typically plans over the period of two three-year cycles – our current strategy is valid until 2025 and is subject to regular review.
What are your targets?
Our growth targets include financial metrics set by each operating group and the Group overall. We measure and track Group financial metrics, including EBITDA, earnings before interest and tax (EBIT), Profit After Tax and Minority Interest (PATMI), Operational PATMI, ROIC, ROE, EBIT on average invested capital (IC) and Free Cash Flow From Operations. At the operating group level, the profitability metrics are EBIT, EBIT margin (ofi) or EBIT per tonne (Olam Agri), and EBIT/IC.