- Business
- Wilmar International Limited Wilmar International Limited (WLMIY), founded in 1991 and headquartered in Singapore, operates as Asia's leading agribusiness group, ranked among the largest listed companies by market capitalization on the Singapore Exchange; the company engages in an integrated model encompassing the full value chain from origination and processing to branding, merchandising, and distribution of agricultural commodities, primarily tropical oils, oilseeds and grains, and sugar, with over 1,000 manufacturing plants, a multinational workforce of about 100,000 people, and an extensive distribution network spanning more than 50 countries and regions, including major operations in China, India, Indonesia, Vietnam, Nigeria, and other parts of Asia, Africa, and beyond. Its core products and services include oil palm cultivation and milling; oilseed crushing; edible oils refining and merchandising of palm oil and laurics-related products; flour and rice milling; sugar milling and refining; manufacturing of consumer-packed edible oils, rice, flour, noodles, ready-to-eat meals, and central kitchen products; specialty fats; oleochemicals; biodiesel; fertilizers; animal feeds; and food park operations. In recent developments, Wilmar International Limited has expanded through strategic acquisitions, including increasing its stake in Adani Wilmar Limited to up to 74.37% via purchases from Adani Commodities LLP finalized in early 2025 to bolster earnings and market position in India; acquiring PZ Cussons plc's 50% stake in their Nigerian joint venture PZ Wilmar for US$70 million in June 2025, assuming full ownership of the entity with flagship brands like Mamador and Devon King's that contributed positively to profitability; and pursuing partnerships such as regulatory approvals for a new milestone with Tereos in sugar operations.