business
Wilmar forms agri-food JV with TGI Group
Key takeaways
- The JV, to be headquartered in Singapore, will include assets spanning agriculture, oil-palm plantations and nuts, as well as rice, culinary products, food manufacturing and distribution.
- Brands in the combined portfolio include Mamador and Devon King’s in edible oils and consumer food products, and also in oils Golden Terra, a spokesperson for Wilmar confirmed with Just Food.
- Terra and Tastemaker fall into the culinary category, joined by Big Bull in rice and Peppe Terra cooking pastes.
Wilmar forms agri-food JV with TGI Group Just Food · zakir1346/Shutterstock.com Shivam Mishra Wed, June 3, 2026 at 5:53 PM GMT+7 3 min read F34.SI Wilmar International has formed an equally split joint venture with Tropical General Investments Group to combine their operations in Nigeria and the Republic of Benin.
In a statement yesterday (2 June), the Singapore-based agri-food group said the partners have signed definitive agreements to place a “portfolio of complementary operating businesses and brands” into a new jointly owned holding company.
The JV, to be headquartered in Singapore, will include assets spanning agriculture, oil-palm plantations and nuts, as well as rice, culinary products, food manufacturing and distribution.
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