Salik Adds Continental Farmers to Olam Platform
Salk Company, one of the subsidiaries of the Public Investment Fund, announced the merger of Continental Farmers Group with Olam Agricultural to enhance their capabilities and expand access to global markets. Olam Agricultural is considered one of the leading companies in the food and agriculture sector, operating in over 30 countries, with extensive capabilities in supply, trading, processing, and logistics services. This merger aims to improve efficiency and broaden options for production and supply, aligning with Salk's strategy to build an integrated global ecosystem in the food and agriculture sector. Salk had previously increased its stake in Olam to 80.01% and acquired Continental Farmers Group in 2018, a company managing approximately 200,000 hectares of farmland in western Ukraine, producing over one million tons of grains annually.
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