Logo ofSALIC
SALIC, a subsidiary of the Public Investment Fund (PIF), increased its stake in Olam Agri Holdings to 80.01% after completing the acquisition of 44.58% for $1.88 billion (nearly SAR 7 billion). 
The move aligns with SALIC’s ambitious plans to strengthen its investment portfolio and expand its global footprint, it said in a statement.
Moreover, the acquisition reinforces SALIC’s influential role in the global food and agriculture sector, as Olam Agri is widely regarded as one of the world’s leading agribusiness companies.
Olam Agri operates an integrated model covering the entire value chain — from sourcing essential commodities to advanced processing capabilities and extensive logistics networks — enhancing the efficiency and reliability of supply chains and ensuring sustainable food flows to global markets.
SALIC said the investment is part of its growing portfolio, which now includes 12 local and international investments, reflecting its strategy to diversify food sources and expand high-quality investments.
Olam has a broad geographic presence across more than 30 countries in Asia, Africa, Australia, and the Americas.
According to Argaam’s available data, SALIC signed an agreement in February 2025 to increase its stake in Olam Agri from 35.43% to 80.01% for a total of $1.78 billion (around SAR 6.7 billion).
In December 2022, SALIC completed the acquisition of a 35.43% stake in Olam Agri for nearly SAR 4.65 billion.
Logo ofSALIC
SALIC, a subsidiary of the Public Investment Fund (PIF), increased its stake in Olam Agri Holdings to 80.01% after completing the acquisition of 44.58% for $1.88 billion (nearly SAR 7 billion).
The move aligns with SALIC’s ambitious plans to strengthen its investment portfolio and expand its global footprint, it said in a statement.
Moreover, the acquisition reinforces SALIC’s influential role in the global food and agriculture sector, as Olam Agri is widely regarded as one of the world’s leading agribusiness companies.
Olam Agri operates an integrated model covering the entire value chain — from sourcing essential commodities to advanced processing capabilities and extensive logistics networks — enhancing the efficiency and reliability of supply chains and ensuring sustainable food flows to global markets.
SALIC said the investment is part of its growing portfolio, which now includes 12 local and international investments, reflecting its strategy to diversify food sources and expand high-quality investments.
Olam has a broad geographic presence across more than 30 countries in Asia, Africa, Australia, and the Americas.
According to Argaam’s available data, SALIC signed an agreement in February 2025 to increase its stake in Olam Agri from 35.43% to 80.01% for a total of $1.78 billion (around SAR 6.7 billion).
In December 2022, SALIC completed the acquisition of a 35.43% stake in Olam Agri for nearly SAR 4.65 billion.
