Abu Dhabi-based Shorooq Investments has committed $1.1 million in seed funding to agricultural technology firm, Pure Harvest Smart Farms, and has concurrently acquired 3.3 hectares in Nahel, UAE for Pure Harvest’s launch of the Emirate’s first high-tech, commercial scale greenhouse operation for the year-round production of tomatoes. Pure Harvest, which will be led by founder […]
Chinese investment holding firm, Tianrui Group, plans to invest $2.1 billion to fund the construction of the first special economic zone (SEZ) in Cambodia dedicated to storing, processing, and packaging agricultural products for export. Shen Chen, chairman of the Tianrui Cambodia Agricultural Cooperation SEZ Co. Ltd. – a Tianrui Group subsidiary, signed a memorandum of understanding […]
After being outbid by a consortium of four Australian ranchers and cattlemen, Australian Outback Beef (AOB), the joint venture formed between Gina Rinehart’s Hancock Prospecting and China’s Shanghai CRED has raised its bid for the S. Kidman cattle empire to $386.5 million. The latest bid by AOB slightly exceeds the $386 million bid offered by […]
MOPE Investment Advisors, the private equity arm of Motilal Oswal, has invested Rs 100 cr (S$15 million) through two of its funds – the India Business Excellence Fund II and the India Business Excellence Fund IIA – in Kolkata-based branded staple food producer and marketer, Ganesh Grains. This investment is the first instance where Ganesh […]
Campbell Soup Company has become the sole investor in San Francisco-based Habit – a startup that compiles a nutritional action plan based on an individual’s unique biology, metabolism, and personal goals, and then cooks and delivers fresh, personalized meals to each customer’s doorstep. Campbell Soup is committing $32 million to the startup which is launching […]
Advantage Capital Agribusiness Partners (ACAP) announced it has agreed to lead a $3 million financing round for Florida-based Vintage Italia – the manufacturer of Pasta Chips, a snack chip made from pasta dough. The round also includes Silas Capital and Emil Capital Partners. Vintage Italia is positioning its Pasta Chips as a higher-protein, more nutritious […]
In support of her ‘mining to dining’ strategic shift, Gina Rinehart’s Hancock Prospecting has struck a A$395 million (US$300 million) deal with UK-based fertilizer company, Sirius Minerals. Under the terms of the agreement, Hancock will invest US$50 million in exchange for shares in the company and an additional $250 million for a five percent royalty […]
Blue Goose Capital Corp., one of Canada’s vertically integrated producers and distributors of organic and natural beef, chicken, and fish with over 45,000 acres of farmland in British Columbia, announced that it has secured a strategic investment of $20 million from Dundee Corp. and Toronto-based venture capital group, Serruya Private Equity (SPE) Inc. As part […]
Morocco’s state-owned Office Cherifien de Phosphate (OCP) is partnering with India’s Krishak Bharati Cooperative Limited (Kribhco) in a 50:50 joint venture to build a large scale fertilizer plant in the Indian state of Andhra Pradesh. “This partnership is designed to be truly a win-win project for all the stakeholders involved but foremost for India’s agriculture […]
New Zealand-based investment firm MyFarm is expanding its investment portfolio beyond dairy, sheep, and beef farms, and two kiwi orchards to include a newly acquired vineyard. MyFarm will add the 71-hectare Patriarch vineyard in Marlborough to its portfolio that currently includes 35 New Zealand dairy farms, 10 sheep and beef holdings, and two kiwi orchards […]
