Key Takeaways
- Olam Agri has agreed to fully integrate Continental Farmers Group (CFG), a Ukrainian agricultural company that is an indirect wholly-owned subsidiary of SALIC.
- The integration is the first addition to Olam Agri's portfolio since SALIC completed its majority share purchase in April 2026, and will raise SALIC's stake in Olam Agri to 81.81% from 80.01%.
- CFG will continue to operate independently within Olam Agri, keeping its existing management team, and CEO Georg von Nolcken will join Olam Agri's Executive Committee.
- Founded in 2019 through the merger of Mriya and CFG, Continental Farmers Group employs about 2,600 people across Western Ukraine, Switzerland and Romania.
- CFG's business spans cereals, oilseeds and potato processing, supported by its own storage, transportation and agricultural machinery network.
Olam Agri Moves to Integrate Ukrainian Grain Producer
Olam Agri has entered into an agreement to fully integrate Continental Farmers Group, a Ukrainian agricultural company that operates as an indirect wholly-owned subsidiary of the Saudi Agricultural and Livestock Investment Company. The deal marks the first addition to Olam Agri's portfolio since SALIC completed its purchase of a majority shareholding in the company in April 2026, and will increase SALIC's ownership stake in Olam Agri to 81.81 percent from 80.01 percent.
The integration will not change Continental Farmers Group's day-to-day operations. The company will continue to operate as an independent business within Olam Agri, retaining its existing management team and pursuing its own growth strategy while drawing on Olam Agri's trading and risk management capabilities. Georg von Nolcken, Continental Farmers Group's CEO, will join Olam Agri's Executive Committee as part of the deal.
Olam Agri Cites Ukraine Strategy and SALIC Synergies
Sunny Verghese, Co-Founder and CEO of Olam Agri, said the deal expands the company's footprint in a key grain-exporting region.
“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,” said Sunny Verghese, Co-Founder and CEO of Olam Agri.
Georg von Nolcken, Continental Farmers Group's CEO, said the company would maintain its operational identity under the new structure.
“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,” said Georg von Nolcken, Continental Farmers Group's CEO.
Continental Farmers Group's Ukraine Operations
Continental Farmers Group was created in 2019 through the merger of Mriya and CFG and operates in Western Ukraine, including the Lviv, Ternopil, Ivano-Frankivsk, Khmelnytskyi and Chernivtsi regions near key EU borders, with additional operations in Switzerland and Romania. The company employs approximately 2,600 people, with a business focused on cereals such as wheat and barley and oilseeds including soybean, rapeseed and sunflower, as well as primary and secondary potato processing supported by its own in-land storage, transportation and agricultural machinery fleet.
