Olam Agri Celebrates 15 th Anniversary of Crown Flour Mill Acquisition
Olam Agri, a global leader in food, feed, and fibre, is celebrating 15
years of transformative impact since its acquisition of Crown Flour Mill (CFM), establishing the company
as a trusted name in Nigeria’s wheat milling and pasta industry. The anniversary celebration, which
attracted the crème-de-la-crème in the manufacturing sector, leading government officials, partners and
staff members, was held at The Stable, Surulere, Lagos, on Thursday, July 24, 2025.
CFM commenced milling operations in 1981 and since acquiring the business in 2010, Olam Agri has
invested and grown to become the leading wheat milling and pasta manufacturer in Nigeria, and one of
the leading millers in Africa. From two manufacturing plants 15 years ago, Olam Agri’s wheat milling
and pasta business now operates nine plants across the country producing flour, semolina and pasta,
backed by strong freight capabilities and global sourcing expertise.
The company has established itself as a leader in supporting the development of the food and
agricultural sector. It has installed the first state-of-the-art premix facility in Nigeria, established
extensive backwards integration that has empowered approximately 500 farmers, and partnered with
the Federal Ministry of Agriculture, the International Centre for Agricultural Research in the Dry
Areas (ICARDA), the Lake Chad Research Institute (LCRI) and top global crop researchers to promote
local wheat production.
The company’s impressive scale in performance earned has earned it major awards and certifications,
amongst them the National Productivity Order of Merit Award recognition by the Federal Government,
FMDQ Gold Awards recognising the business's robust operating capacities, and the Food Fortification
Award for exemplary commitment to delivering on Micronutrient Fortification Index (MFI). Its
commitment to offering a positive and thriving work environment for its employees has also been
recognised by the HR People Magazine Awards as the Employer of Choice.
The anniversary provided a platform to celebrate the business achievements, recognise remarkable
inputs by high-performing staff members, and acknowledge support from distributors and partners.
Femi Areo, a retail channel member and distribution merchant, spoke about the business impact. He
explained, “I have had the utmost joy in partnering with Olam Agri to distribute its products for these 15
years. It provides me with the right support by producing the best quality products, providing on-time
delivery and retail channel value-added services that ensure I can deliver robust sales in our local
marketplace. I am grateful for the business. The partnership has improved my income and livelihood.”
Femi Koya, a staff member who had been with the business since the acquisition, said, “This business
gave me an invaluable career start. They provide me with a platform to contribute to raising the national
food security level, contributing meaningfully to the economy and feeding my family while growing my
career at the same time. Congratulations to us.”
Nitin Mehta, Managing Director & Business Head of Olam Agri’s wheat milling and pasta business,
emphasised the broader vision behind the business accomplishments in the short time, “Our strong
profile of achievements in less than two decades of acquisition underlines our dedication to supporting
the government’s New Hope Agenda for food security. The business growth under Olam Agri proves
what’s possible with the right vision and investment. We’re building more than a milling operation; we’re
building a platform for inclusive development that uplifts employees, empowers partners, and delivers
value to families across Nigeria. We remain committed to advancing innovation, nutrition, and access to
affordable food.”
Anil Nair, Country Head for Olam Agri, said, “At Olam Agri, we focus on unlocking value for customers,
enabling farming communities to prosper sustainably and strive for a food-secure future. With an
extensive distribution network for staples and packaged foods across Nigeria, we continue to drive
growth in local food production. Our strong performance over the last 15 years is a testament to our
commitment to manufacturing excellence and national food security.”
“We are filled with optimism and excitement for the future. We have a clear vision of where we want the
business to be within the next decade. This is why we developed a 10-year roadmap for drought-
resistant seed development to scale local wheat production. With the continued support of our team, we
are confident in our ability to reach new heights.”
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