Olam Group Limited
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Olam Group Limited - overview
Established
1989
Location
Singapore, SG, Singapore
Primary Industry
Agribusiness
About
Based in Singapore, Olam Group Limited is a supplier of food and agricultural products, specializing in sustainable sourcing and distribution to a diverse global clientele. Olam Group Limited is a renowned food and agri-business that supplies a wide range of food ingredients and agricultural products. Founded in 1989 in Singapore, the company has expanded its operations to include various global markets. The founders, Sunny Verghese and Youssef Medkour, have established a strong presence in the industry.
Olam has successfully completed 8 funding deals, with the latest round being a PIPE transaction in April 2025 where Temasek Holdings invested USD 2 billion, bringing the total amount raised to USD 2 billion. Olam Group specializes in food and agri-business, offering products such as rice, cotton, and innovative food and beverage ingredients to over 21,900 customers worldwide. The company operates across Africa, Australia, and Asia, ensuring an efficient supply chain that connects farmers directly with retailers and manufacturers. Olam focuses on sustainable sourcing practices while partnering with both large corporations and small family-run businesses.
In the fiscal year 2023, Olam Group reported a revenue of USD 35. 95 bn and an EBITDA of USD 1. 69 bn. The company's revenue model is supported by long-term contracts with clients, ensuring a steady income stream from its extensive product offerings, including rice and cotton.
Olam Group aims to expand its product offerings and enhance its market reach. Following the recent investment of USD 2 billion from Temasek Holdings in April 2025, the company plans to strengthen its business units and repay existing debt. Olam is focused on introducing new products tailored to current consumer trends and expanding into new geographic markets.
Primary Industry
Agribusiness
Sub Industries
Other Food Products, Snack Foods, Food & Beverage Distribution, Agribusiness
Website
www.olamgroup.com/
Verticals
Agtech
Company Stage
Mature
Total Amount Raised
Subscriber access only
Olam Group Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LP Direct | Completed | Olam Agri Holdings Pte Ltd. | - | ||||||||
| Trade Sale | Completed | Olde Thompson Inc. | - | ||||||||
| N/A | Completed | 1350 Pacheco Pass Highway | - | ||||||||
| N/A | Completed | Owendo Sea Port | - | ||||||||
| N/A | Completed | Gabon Special Economic Zone | - |
Displaying 1 - 5 of 12
Olam Group Limited - key contacts
| Name | Position | Start Date | End Date | Vcard | Bio | ||
|---|---|---|---|---|---|---|---|
| Independent Director and Chairman, Capital & Investment Committee | BM |
BM Board Member
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