date:May 10, 2013
rs.
Sanyo Foods President Junichiro Ida concurred: Sanyo Foods celebrates its sixtieth anniversary this year. In this memorable year, we are thrilled to announce the proposed joint venture company and to form a strategic alliance with Olam, to set foot in the sub-Saharan Africa market. We believe that enormous synergy can be generated by matching Sanyo Foods product development and technical capability with Olams existing production facility and strong distribution network.