Head office: 282 boulevard Saint-Germain à Paris.

The company was born from the merger in 1924 of Société des Huileries-Rizeries de Guinée with Société de l'Huilerie Ouest-Africaine, whose headquarters and peanut shelling plant were located in Kaolack in Senegal and represented by C. Guy, Honorary Governor of the Colonies.

Mr. Fernand Boutal, founder, brought to the company a business known as Etablissement Magnan-Boutal and consisting of an oil mill and rice mill, operated in Conakry. The Compagnie Générale des Colonies, whose head office was also located in Paris, 282 boulevard Saint-Germain also obtained founder's shares.