AAK Acquires CalOils

AAK (Edison, NJ) has acquired the leading West Coast-based vegetable oils company California Oils Corporation from Mitsubishi Corporation of Japan. California Oils Corporation, also known as CalOils, had last year revenues of approximately SEK 1,350 million ($157 million) and a volume of approximately 110,000 MT, with 65 employees. “A strong presence on the U.S. West ...