23 Oct 2019 --- Olam International Ltd has signed a purchase agreement to acquire a 100 percent interest in Californian almond processor and ingredient manufacturer Hughson Nut Inc (HNI) and associated real estate assets from APB Partners, LLC (APB), at a total enterprise value of US$54 million. With orchards in California and Australia, Olam is one of the world’s largest growers of almonds. The acquisition of HNI is part of its strategy to offer differentiated solutions and target high-growth segments such as nuts.
