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Monday, 31 January 2011

Olam to buy 2 UK food firms for US$50m

SINGAPORE - Commodity firm Olam said it plans to acquire two UKconfectionary fats firms for about US$50 million. This will helpthe firm strenghten its supply chain in the chocolate industry,it said.

The two UK companies are Britannia Food Ingredients Holdings Ltd and Britannia Storage and Distribution Ltd. -- REUTERS
Posted by Createwealth8888 at 18:31
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