Continental Joins Olam Agri as an Independent Business

Continental Joins Olam Agri as an Independent Business

01 July 2026

Singapore – 1 July 2026 – Olam Agri has entered into agreement to fully integrate Continental Farmers Group (CFG), a leading Ukrainian agricultural company, which is an indirect wholly-owned subsidiary of the Saudi Agricultural and Livestock Investment Company (SALIC).

Continental Farmers Group is the first addition to Olam Agri’s business portfolio since SALIC completed the purchase of a majority shareholding in Olam Agri in April 2026, and the company commenced a new chapter of growth separate from the Olam Group. The completion of the integration will increase SALIC’s majority ownership in Olam Agri to 81.81% from 80.01%.

This integration will not affect the day-to-day operations of Continental Farmers Group, which will continue to operate as an independent business as part of Olam Agri, retaining its existing management team, and pursuing its clearly laid out growth strategy while leveraging Olam Agri’s strength in trading and risk management. In addition, Mr. Georg von Nolcken, Continental’s Chief Executive Officer will join Olam Agri’s Executive Committee.

Commenting on the integration, Olam Agri’s Co-Founder and CEO, Sunny Verghese said: “The addition of CFG immediately strengthens our capabilities in Ukraine and our access to Central and Eastern Europe, aligned with our strategy to expand our origination footprint in key grain-exporting markets. It strengthens our sourcing capabilities by anchoring origination through owned production and inland logistics assets, as well as strengthening our farming capabilities and diversifying our portfolio beyond our current trading and processing-led model. This integration is clear evidence of the synergies and collaboration opportunities with SALIC. We continue to work closely to further identify and explore other opportunities in line with our business strategy and our shared focus on food security.”

Continental Farmers Group Company’s CEO, Georg von Nolcken, commented: "Continental’s integration into Olam Agri’s global structure creates new opportunities for business growth and collaboration across the Group. We see this step as an additional catalyst to strengthen our position and support the implementation of our long-term strategic plans. At the same time, Continental retains our existing management team, operational autonomy, and will continue to architect our growth strategy. For our employees, landowners, customers, business partners, and local communities, we remain the same Continental – a reliable partner that consistently delivers on its commitments and continues to invest in the future.”

About Continental Farmers Group

Continental Farmer's Group was created in 2019 through the merger of Mryia and CFG and operates in Western Ukraine (Lviv, Ternopil, Ivano-Frankivsk, Khmelnytskyi and Chernivtsi), adjacent to key EU borders, with additional presence in Switzerland and Romania. Employing approximately 2,600 people, its business focuses primarily in farming (cereals (wheat, barley) and oilseeds (soybean, rapeseed, sunflower), as well as integrated primary and secondary processing of potatoes, through its own logistics network including in-land storage, transportation and fleet of agricultural machinery.

About Olam Agri

Olam Agri is a market-leading, differentiated food, feed and fibre agri-business with a global origination footprint, processing capabilities and deep understanding of market needs built over 37 years. With a strong presence in high-growth emerging markets and products across grains & oilseeds, wheat milling & pasta, rice, edible oils, animal feed & protein, cotton, wood products, rubber, sugar & biofuel, freight management and risk management solutions. We are at the heart of global food and agri-trade flows, providing affordable food staples and processed agricultural products that are daily necessities and living essentials for people around the world. Driven by our Purpose to transform food, feed and fibre for a more sustainable and food secure future, we aim to create value for customers and enable farming communities to prosper sustainably. Olam Agri is majority 80.01% owned by the Saudi Agricultural and Livestock Investment Company (SALIC) and a 19.99% owned associated company of Olam Group. 

About Saudi Agricultural and Livestock Investment Company (SALIC)

The Saudi Agriculture & Livestock Investment Company (SALIC) is a global agrifood investor, combining industry expertise with long-term capital deployment across the globe. SALIC invests in growth companies to meet the world's future nutrition needs, enabling innovation and supply chain integration within Saudi Arabia and across the world. SALIC investments stimulate industry development, while supporting strategies to enhance food security and resilience.