AAK, headquartered in Malmö, Sweden, is a multi-oil ingredient supplying company. Their business is about creating value-adding vegetable oil solutions for their customers with main applications in food, feed and cosmetics.
Today the company comprises of more than 3,300 employees, 20 production and customization plants, 25 sales offices and sales activities in 100 countries. With a rich history dating back to 1871, the company set up its Singapore branch in 2014 with the aim of drawing closer to their customers in Asia as this is where their markets are developing. “We started with only 2 people in the Singapore office with a focus on developing the sourcing side first,” says Bo Pedersen, Sourcing and Trading Manager at AAK SG Pte Ltd. Together with his boss, Bo Pedersen was part of setting up the sourcing and trading activities which involves tropical oils such as palm oil and coconut oil, and a sales unit which serves the entire APAC region. These activities were off to a good start and the company expanded by moving to another office and adding a customer innovation centre to its facilities. AAK’s Singapore office are now with 30 employees and are expected to continue growing at this pace.