Marijuana-focused private equity firm, Privateer Holdings has raised $40 million in convertible bonds just days before the U.S. election, during which nine U.S. states, including California will vote on legalization. Cannabis-based investment firms like Seattle-based Privateer have been working to build up war chests prior to a vote that could legalize marijuana in nearly an […]
Midwestern BioAg announced it has raised $21.3 million in its latest funding round led by S2G Ventures, and including Bison Capital Partners, Tau Investment Management, and Bay Capital Partners. Mission-driven investments in the company also were secured from The McKnight Foundation and the Franciscan Sisters of Mary. Founded in 1983 in Wisconsin, Midwestern BioAg employs […]
Florida-based Anuvia Plant Nutrients announced it has raised $23 million through a follow-on round of funding led by TPG Alternative & Renewable Technologies (TPG ART) – a standalone growth and late stage venture vehicle of private investment firm, TPG. The round also included AIS JV – a joint venture formed between Agro-Iron Inc. and Shrieve […]
Canada’s Liberty Leaf Holding announced it has agreed to acquire an undisclosed stake in California-based Cannabis Botanical Group (CBG). Led by President and CEO, Will Rascan, Liberty Leaf Holding is a newly formed public Canadian company with the goal of being an early leader in the global medicinal and recreational cannabis industry through being an […]
Harvard has expanded its dairy holdings in New Zealand after the country’s Overseas Investment Office (OIO) granted approval for the purchase of 143 acres bordering one of the university’s existing dairy properties for $1.3 million. Harvard intends to buy the land freehold to use in support of its dairying activities and also to create a […]
CNH Industrial N.V., the owner of New Holland, announced it has agreed to acquire the agricultural Grass and Soil business of Kongskilde Industries, part of the Dansk Landbrugs Grovvareselskab (DLG) of Denmark – one of Europe’s largest agribusinesses. The deal encompasses the transfer of Kongskilde’s assets related to its Tillage, Seeding, and Hay Forage business, […]
The United States’ number three beer company, Constellation Brands, has agreed to acquire a brewery located on Obregon, Mexico from Grupo Modelo for $600 million. Constellation already owns the Corona and Modelo brand rights in the U.S. through its 2013 acquisition of Grupo Modelo’s U.S. beer business from AB InBev for $4.75 billion. However, a supply […]
Omnivore Partners, one of the pioneers in agtech and agricultural venture capital in India, has invested Rs 6.5 cr (nearly US$1 million) in Chennai-based FR8 – a startup dedicated to advancing the long-haul trucking industry through the use of proprietary technology to bring trucking providers and customers under a united platform. Launched in June of […]
Heritage Foods Ltd. announced it has agreed to acquire the dairy business of Reliance Retail Limited for an undisclosed amount through a slump sale. A binding agreement is in place between the two companies however the transaction will be subject to regulatory approval and other standard protocols. Reliance Retail offers a range of products including […]
Under its newly established and broader impact investing mandate, Meritas SRI Funds announced it has made an investment in InvestEco Sustainable Food Fund II. Managed by Toronto-based investment firm, InvestEco Capital, the InvestEco Sustainable Food Fund II targets investments in expansion-stage, high growth companies across North America that foster sustainability in the agricultural and food […]
