Blue River Group, an Australia-based impact investment group launched last year by former Macquarie banker Craig Shapiro, has agreed to acquire Fonterra’s Riverina Fresh milk manufacturing facility located in Wagga Wagga, New South Wales and its Riverina Fresh brand for an undisclosed amount. The investment group that labels itself as seeking “profit with purpose” is entering […]
Green Plains Inc. announced it has agreed to acquire three ethanol plants located in Madison, Illinois, Mount Vernon, Indiana, and York, Nebraska from Spain’s Abengoa Bioenergy for $237 million. Green Plains is the fourth largest ethanol producer in the U.S. with additional business activity related to distillers dried grains, corn oil production, and grain handling […]
IAF Ventures, an investment manager for limited partnerships in agriculture, has added to its IAF Ventures P.E. Ag portfolio with the acquisition of the forage assets of FSI Cube and Pellet through its IAF 30 Limited Partnership. Financial terms of the deal were not disclosed, however, it was noted in a company statement that the deal […]
Iran-based fruit company, Upro Tarh Poyua Kish, announced it has established a joint venture with Italian fruit and vegetable company, Nature SLR, to launch the new company, Upro Nature Kish. Founded by Abbas Ali Bahavarn in 2009 on Kish Island, Iran, Upro was born from the merging of various companies with the initial focus on the […]
Advantage Capital Agribusiness Partners, LC (ACAP) announced a $2 million investment in California-based Hip Chick Farms – producer of a line of fully cooked, organic poultry foods and entrées. Founded in 2013 by Jennifer Johnson and Serafina Palandech, who were both unsatisfied with the conventional production methods and products offered on the market, Hip Chick […]
China’s COFCO International Ltd. announced it has agreed to acquire the remaining 49% stake it does not already own in the Dutch grain trading firm, Nidera from Cygne BV, bringing its ownership of Nidera to 100%. The deal, which is scheduled to close in the fourth quarter of this year, is a significant move by […]
The Committee on Foreign Investment in the United States (CFIUS) has granted approval for the $43 billion takeover of Syngenta by ChemChina. In February of this year, state-owned ChemChina made a $43 billion cash bid for the agri-inputs giant, translating to $465 per share. If the transaction is completed as scheduled by the end of […]
Only weeks after Consolidated Pastoral Company (CPC) announced it agreed to sell its historic Carton Hill cattle station to China’s Shanghai Zhongfu (doing business in Australia as Kimberly Agricultural Investments (KAI)), through a $100 million sale and leaseback agreement, CPC announced it is selling three additional cattle stations located in Queensland. On October 6, (if not […]
Thai health drink company, Sappe, announced it has invested 140 million bhat (US4 million) in exchange for a 40% stake in local coconut processor, Coconut Factory Co. Ltd (CCF). Under terms of the agreement, Sappe, which is a functional beverage company that targets beauty conscious consumers, will increase its stake in CCF to 51% in […]
Inland Sea – Harlan LLC, a new aquaculture company in western Iowa, plans to build a state-of-the-art two-acre salmon farm using the Danish indoor recirculating aquaculture system (RAS). The company is seeking $12 million in equity capital through a 506 C private placement offering to partially fund construction of the facility and to cover operating […]
