- Business
- Wilmar International Limited, founded in 1991 and headquartered in Singapore, operates as Asia's leading agribusiness group with an integrated model spanning the full value chain from origination and processing to branding, merchandising and distribution of agricultural commodities. The company engages in oil palm cultivation and milling; oilseeds crushing; edible oils refining; flour and rice milling; sugar milling and refining; manufacturing of consumer products including branded edible oils, rice, flour and noodles; ready-to-eat meals; central kitchen products; specialty fats such as cocoa butter equivalents, shortenings and margarines; oleochemicals; biodiesel; fertilizers; and food park operations, with over 1,000 manufacturing plants and an extensive distribution network across more than 50 countries including China, Indonesia, India, Vietnam and other regions in Asia, Africa and beyond. It serves diverse markets from bulk commodity trading to consumer-packed goods targeted at households, food manufacturers and industrial users. In recent developments, Wilmar acquired PZ Cussons plc's 50% stake in their PZ Wilmar joint venture in Nigeria for US$70 million in June 2025, securing full control of this leading palm oil business; it increased its stake in AWL Agri Business (formerly Adani Wilmar) to a majority position including a 13% acquisition for approximately ₹4,650 crore announced in late 2025, following earlier purchases that bolster earnings and expand its Indian footprint; and in February 2025, it agreed to further consolidate ownership in AWL up to 74.37% through phased transactions, enhancing its fast-moving consumer goods presence amid Adani Group's divestment.