Goodhope Enters into Agreement to Sell Arani Agro Oil Industries to AAK

Goodhope has entered into a Sale Purchase Agreement for the sale of Arani Agro Oil Industries Ltd (“Arani”) to AAK AB (“AAK”). Arani, a specialty oils and fats processor, was acquired by Goodhope in 2011 and is located in the Kakinada port in Andhra Pradesh, India. AAK, a Sweden based company, is a market leader in high-value specialty oils and fats.

 For more information, please read our Press Release Arani Purchase by AAK.