date:May 29, 2012
Oasis, founded in 1975, provides a range of products such as edible oils, margarine, spreads, shortenings, vinegars, mayonnaise and sauces. It employs 160 people at Hillside, New Jersey, US, and had sales of SEK925m ($128.89m) in 2011.
According to AAK, Oasis represents an excellent platform for AAK's North American ambitions.
AAK president and CEO Arne Frank said the companys wide variety of established food service products and brands significantly broadens AAK's product offerings in North A