Asian agribusiness giant Wilmar International has taken over the Benso Oil Palm Plantation.

It comes after it successfully acquired shares in the oil palm plantation in a cash offer.

About 1,200 shareholders tendered in their shares during the offer. Wilmar now has nearly 80 percent interest in BOPP.

The company last year completed the takeover of manufacturing and marketing of Unilever’s frytol cooking oil.

Wilmar International operates in 20 countries around the world and has expertise in lauric oils and palm oil production and marketing.

It made the acquisition through its African subsidiary.

Source: Joy News/Ghana