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Olam
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Short description

Supplier of food and industrial raw materials

Founded in
Founded in

Company type Public Public (OLAM)
Company type

Industry Group agriculture & food

Sector

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Singapore Singapore, Singapore
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Updated by Cleantech Group on 04/06/2023

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Date Company
Partnerships
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Date Partner Type
11/21/2016
Phytech Phytech
Partnership using Phytech's technology on 700 hectares of land. These trials that resulted in increased growth rates and higher yields while reducing water usage.
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Confirmed by Phytech
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Investment Rounds
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IPO INFORMATION

Date

01/10/2023

IPO status

Speculated

IPO Type

IPO

Amount

Initial shares

Ticker symbol

OLAM

Exchange listed

XSAU

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Description

Olam Group said it plans to conduct an IPO for majority-owned Olam Agri Holdings as early as the first half of this year, listing the unit domestically and simultaneously in Saudi Arabia.

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Date Investors Type Amount
12/20/2022 Asian Development Bank (ADB) Asian Development Bank (ADB) (1)
Post-money valuation of
ADB agrees to loan to Olam Group to support projects in Indonesia, Nepal, Pakistan, Vietnam and India.
Structured Debt $80,000,000
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