By Lynda Kiernan-Stone, Global AgInvesting Media After being owned and managed by the Macneil family for more than 90 years, Green Park aggregation has been acquired by Lawson Grain through a transaction managed by Paull & Scollard Nutrien Ag Solutions, in conjunction with Elders Rural Services, and a deal reported to be valued in excess […]
By Lynda Kiernan-Stone, Global AgInvesting Media AgDevCo, an African-focused ag investor specialist has committed $8 million in mezzanine funding to an avocado venture in Kenya in partnership with Agris, the agriculture and forestry division of investment company Maris, and Granot, a leading avocado producer from Israel. Together, the partners are aiming to develop a 390-hectare […]
By Lynda Kiernan-Stone, Global AgInvesting Media S. Kidman & Co. has completed the sale of four stations located in Queensland and the Northern Territory as part of an ongoing portfolio sell-down. In March 2021, Hancock Agriculture, the second largest producer of beef in Australia, and S. Kidman and Co. – its joint venture with China’s […]
By Lynda Kiernan-Stone, Global AgInvesting Media Timberland and agriculture investment manager Manulife Investment Management (Manulife IM) has acquired 55,000 acres of timberland in South Carolina from global sustainable packaging company Sonoco for $72 million in cash. Manulife IM manages a timberland portfolio of truly global proportions, totaling approximately 6 million acres across the U.S., Canada, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Ontario Teachers’ Pension Plan (Ontario Teachers’) has acquired a controlling majority stake in Mitolo Family Farms, the largest potato grower in Australia, through its Australian agriculture subsidiary AustOn Corporation. Operating 26 farms across South Australia and New South Wales, Mitolo Family Farms is a vertically integrated grower, harvester, and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cook Inc. announced it has agreed to acquire Slade Gorton, one of the largest manufacturers, distributors, and importers, of fresh and frozen seafood in the U.S. (Do you remember the jingle… “Trust the Gorton’s fisherman” ?) Headquartered in Waltham, Massachusetts, with a history spanning more than 95 years, Slade […]
By Lynda Kiernan-Stone, Global AgInvesting Media Private investment management services firm Domain Capital Group announced that its subsidiary Domain Timber Advisors has assumed investment responsibilities for a timberland portfolio containing assets located in the U.S. Southeast and Northwest regions. This transfer marks the ninth separately managed account to be assumed by Domain Timber since 2017, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Only a week after announcing a new investment strategy, Veripath Farmland Partners is back on the acquisition trail, announcing its purchase of 640 acres of farmland in Saskatchewan through its Veripath Farmland (R) Fund. Launched during the pandemic in mid-2020, Veripath has already amassed a total of 110,000 acres […]
By Lynda Kiernan-Stone, Global AgInvesting Media McCain Foods is investing CAD$600 million (US$436 million) – its largest global investment in the company’s 65+ year history – to double the size and output at its facility located in Coaldale, Alberta, Canada. Up until now, McCain has operated a processing facility in Coaldale since 2000 that has […]
By Lynda Kiernan-Stone, Global AgInvesting Media Nuveen Natural Capital, the real asset-focused vehicle of the TIAA asset management arm, has divested 11,332 acres of forestland located in southeastern Oklahoma to national non-profit The Conservation Fund through its Working Forest Fund. Capital from The Conservation Fund’s green bonds – the first of their kind in the […]
