Olam International Limited, a leading global, integrated supply chain manager and processor of agricultural products and food ingredients, announced today that it has acquired 100% equity interest in Dehydro Foods Limited (“Dehydro”), a leading processor of dehydrated onions and herbs in Egypt, for US$30.8 million including an estimated amount of US$3.5 million for net working capital. The consideration was arrived on a negotiated basis taking into the account the historical performance and the prospects of the business. The consideration shall be discharged on a cash basis from internal accruals and shall be paid at completion.
