In the coming years, AAK will invest an estimated total of
“India continues to grow in importance to the global food supply chain, and the food and healthcare industry is uniquely positioned to enjoy both domestic and export growth. This investment confirms AAK’s commitment to making an impact positive and contribute to the growth and expansion of our customers.
“We have seen strong growth in our operations in
At the end of 2020, AAK acquired 100 percent of the shares of Kamani Oil following a successful five-year joint venture with the founding family. Since then, AAK has established a new headquarters in India and a Customer Innovation Center outside
The transaction is expected to close before the end of 2022. The acquisition will consolidate upon closing and has no material impact on AAK’s finances.
For more information, contact:
Mobile: +46 70 681 07 34
Email: [email protected]
The information was sent for publication in
Everything AAK does is about Making Better Happen(TM). We specialize in plant-based oils that are the value-adding ingredients in the products people love to consume. We make these products taste better, healthier and more sustainable. At the core of AAK’s offering is co-customer development, which combines our desire to understand what means best for each customer with the unique flexibility of our production assets and deep knowledge of products and industries. 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers and support from more than 20 production facilities. Listed on the Nasdaq in Stockholm and with our headquarters in Malmö,
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