Olam forms JV with Mitsubishi in Japan; secures $650m credit facility

Olam forms JV with Mitsubishi in Japan; secures $650m credit facility

Peanut sorting at Olam facility

Japanese multinational conglomerate Mitsubishi Corp and commodity trader Olam International have formed a Japanese joint venture (JV) corporation, MC Agri Alliance Ltd (MCAA), with the aim of importing and distributing soft commodities like coffee, cocoa, sesame, edible nuts, spices, vegetable ingredients and tomato products to the Japanese market.

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