Search Site
Site
News

Going Upstream

Building on existing and new capabilities, we identified excess return integration opportunities in the upstream segment of the value chain and began making investments on a selective basis. These investments have resulted in plantation ownership and management (perennial tree crops), farming (annual crops), dairy farming and forest concessions management, as well as a major initiative in fertiliser manufacturing.

These opportunities have been both organic and through acquisitions. Our upstream segment now consists of: palm (Roundtable Sustainable Palm Oil certified) and rubber plantations in Africa; almond plantations in Australia and California; coffee plantations in Tanzania, Ethiopia and Laos; a cocoa plantation in Indonesia; peanut farming in Argentina and South Africa; rice farming in Nigeria; dairy farming in Uruguay and Russia; the development of tropical forest concessions (Sustainable Forest Management certified) in The Republic of Congo, and a fertiliser manufacturing plant in The Republic of Gabon.