Key facts
- Saudi Agricultural and Livestock Investment Company (SALIC) is integrating Continental Farmers Group (CFG) into Olam Agri.
- CFG is a leading agricultural company operating in Ukraine, Switzerland, and Romania.
- The integration is the first for Olam Agri since SALIC acquired a controlling stake in April 2026.
- CFG will maintain operational independence and its current management team.
- CFG CEO Georg von Nolcken will join Olam Agri's Executive Committee.
Saudi Agricultural and Livestock Investment Company (SALIC) has announced the integration of Continental Farmers Group (CFG), a significant agricultural entity in Ukraine, into its Olam Agri business. This strategic move is designed to enhance the efficiency and growth of SALIC's global portfolio.
Continental Farmers Group, which operates primarily in Western Ukraine with additional presence in Switzerland and Romania, focuses on farming cereals and oilseeds, as well as processing potatoes. The company employs approximately 2,600 people and possesses its own logistics network.
This integration marks the first asset addition to Olam Agri's portfolio since SALIC completed its acquisition of a controlling stake in Olam Agri in April 2026. Following this transaction, SALIC's ownership in Olam Agri will rise from 80.01% to 81.81%.
Despite the integration, Continental Farmers Group will continue its day-to-day operations as a standalone business within Olam Agri. It will retain its current management team and strategic direction, while benefiting from Olam Agri's global expertise in trading and risk management. Georg von Nolcken, CEO of CFG, will also join Olam Agri's Executive Committee, the company's highest governing body.
Olam Agri CEO Sunny Verghese highlighted that the integration significantly strengthens the company's presence in Ukraine and expands its reach across Central and Eastern Europe. Similarly, Georg von Nolcken expressed that the move creates new opportunities for business development and long-term strategic growth, emphasizing the company's maintained operational independence.