Founded in 1919, SIPEF NV manages over 86,000 hectares of tropical plantations, focusing heavily on sustainable and traceable agricultural practices. The company's core business revolves around its Palm segment, which generates approximately 89% of its net sales through the production of crude palm oil, palm kernels, and palm kernel oil across multiple certified mills. In addition to palm products, SIPEF operates a Bananas and Horticulture segment in Côte d'Ivoire, a Rubber segment, and a Tea segment in Indonesia. Headquartered in Schoten, Belgium, the company operates close to the start of the supply chain, processing harvested crops into raw materials for international traders and refiners rather than selling finished consumer brands.