FrieslandCampina in Ivory Coast

Royal FrieslandCampina and Olam International have signed an agreement for the acquisition of Olam’s dairy business and its dairy production facility in Côte d’Ivoire. The buy will increase the presence of FrieslandCampina in the West African country, where it is already marketing its premium brand Bonnet Rouge. The portfolio comprises sweetened condensed milk and evaporated milk.

The production facility is located in Abidjan, the primary economic center of Côte d’Ivoire. It processes local fresh milk and milk powder into sweetened condensed milk and evaporated milk, which are sold on the local market under the brand name Pearl, and employs approximately 80 people.

Cees ‘t Hart, CEO of Royal FrieslandCampina says, “We are pleased with this acquisition in Côte d’Ivoire. It enables us to further strengthen our position in West Africa. The dairy business and production facility will become part of the FrieslandCampina Europe, Middle East & Africa business group.

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