April 27, 2024

AAK AB

Strengthening its position in India, AAK acquires Arani Agro Oil

AAK AB (publ.) has acquired 100 percent of the shares in Arani Agro Oil Industries Ltd. The acquisition aligns with AAK’s strategy to expand geographically and increase its market share in India’s high-value specialty oils and fats market. Arani operates out of Kakinada Port on the southeast coast of India. Over the coming years, AAK