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Permalink Reply by Eric Lee on August 27, 2010 at 11:38
Permalink Reply by Glenn Thompson on August 30, 2010 at 5:20
Permalink Reply by Fritz Conle on September 2, 2010 at 22:41 Hi Fritz,
Firstly this information has been provided to me by our national federal secretary from our food division. Any specific's i am happy to try and assist.
Olam is not actually a food manufacturer but is an investment company operating out of Singapore. They have invested in a number of food plants in New Zealand, predominently in the dairy and meat sector. I suppose they are more along the lines of private equity. The New Zealanders have advised that many problems have followed where this particular firm has invested.
Olam International _ Singapore
Bought food producing companies from Conagra in USA
NZ dairy
Olam Investments Australia
Has bought into almond growing in Aust,
Olam Australia Pty Ltd
Has bought into cotton in Qld
As you can see from the New Zealand experience thing have not been positive. Not shore if this assists.
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