SALIC Increases Stake in OLAM Agri to 80.01% in $1.88 Billion Strategic Deal

Saudi Agricultural and Livestock Investment Company (SALIC), a subsidiary of the Public Investment Fund (PIF), announced today the completion of a strategic transaction through which it increased its stake in Olam Agri Holdings to 80.01%. The total value of the deal reached $1.88 billion (approximately SAR 7 billion).

In a statement, SALIC said the move aligns with its ambitious plans to strengthen its investment portfolio and expand its global footprint.
The company added that this step reinforces its influential role in the global food and agriculture sector. Olam Agri is considered one of the world’s leading agribusiness companies, supported by a fully integrated operating model that spans the entire value chain—from sourcing essential commodities and advanced processing capabilities to extensive logistics networks. This integration enhances the efficiency and reliability of supply chains and ensures the sustainable flow of food commodities to global markets.

SALIC noted that this investment is part of its growing portfolio, which now includes 12 local and international investments. This reflects the group’s strategy to diversify and expand high-quality investments to secure access to a wide range of food sources, leveraging Olam’s infrastructure and broad geographic presence across more than 30 countries in Asia, Africa, Australia, and the Americas.