<p>A Singaporean agribusiness has announced a $200 million cash deal to sell 12,0000 hectares of Victorian almond orchards.The deal between Olam and international investor Adveq will see Olam sign an 18-year lease to continue harvesting the orchards in north-west Victoria.Olam will keep its permanent water rights and the $60 million almond processing plant it opened at Carwarp in March.Olam's Australian executive general manager Damien Houlahan says all Victorian staff will keep their jobs."It's absolutely business as usual. We will be operating these assets in no change," he said.</p> <p>"Essentially we've got a landlord, which are just a sophisticated group of international investors that have invested in these assets but have leased them straight back to us on an 18-year deal."Olam expects to earn $45 million in post-tax capital gain once the deal is finalised.Adveq is an international private equity company.The company's executive director Berry Polmann, in a statement, said he looked forward to finalising the deal.</p> <p>"We're extremely pleased to have the opportunity to purchase Australia's premier almond orchards from Olam, a leading global agribusiness company," he said."We are convinced about the potential of these orchards and look forward to building a working relationship with Olam, centred around sustainable practices."</p> <p> </p>