The very large food Asian company Olam evaluates withdrawing from Uruguay Dairy Sector

The Olam company from Singapore acquired the venture with a credit line of USD 100 million, going on to control 100% of the property of the company; however, the company suffered a loss of US$74 million, which exceeded the US$65 million of debt from the previous year. The proposed business model was the incorporation of technology and dairy farms on a scale of high productivity and profitability, taking 300 hectares with a thousand cows as a unit. Health Crisis Olam failed to stop and eradicate the brucellosis…
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