By Lynda Kiernan-Stone, Global AgInvesting Media The Wine Group (TWG) has acquired the Paicines Vineyards – a collection of vineyards totaling more than 1,300 acres located in the Paicines American Viticulture Area (Paicines AVA) in San Benito, County, California. The seller was an undisclosed winery that was exclusively advised throughout the transaction by the Mendrin […]
By Lynda Kiernan-Stone, Global AgInvesting Media Excel Farms, a farming business run by the Paterson family and backed by Fiera Comox, has expanded into Western Australia while setting a record at the same time by acquiring Cherylton Farms for more than A$100 million (US$69.74 million) on a walk-in, walk-out basis. Self-described as a “new and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Food and consumer industry-focused private equity firm PAI Partners has entered into an agreement with IFF to acquire its Savory Solutions Group through a deal valuing the business at approximately $900 million. Focusing primarily on ingredients for prepared foods and foodservice, the IFF Savory Solutions Group includes several business […]
By Lynda Kiernan-Stone, Global AgInvesting Media BNP Paribas Asset Management (BNPP AM), the investment arm of leading European banking group BNP Paribas, announced the acquisition of a majority stake in natural resource investment specialist International Woodland Company (IWC). Established in 1991 and headquartered in Copenhagen, Denmark, IWC Group is a leader in natural resource investment […]
photo credit: Centuria Capital By Lynda Kiernan-Stone, Global AgInvesting Media Centuria Capital Group has acquired Sundrop Farms, one of the largest glasshouse operations in South Australia, through its Centuria Agriculture Fund (CAF) for A$70 million. The acquisition was made through an off-market agreement with the vendor, Morrison & Co. Growth Infrastructure Fund. This acquisition marks […]
By Lynda Kiernan-Stone, Global AgInvesting Media Leading sustainable food and agribusiness inventor Arable Capital Partners and Alpine Pacific Capital announced the sale of Fresh Innovations California (Fresh Innovations) to Peterson Farms for an undisclosed amount. Founded in 2011, Fresh Innovations has grown to be a leader in the fresh sliced apple category. Under the company’s […]
By Lynda Kiernan-Stone, Global AgInvesting Media Farmland Partners (FPI) has re-entered the state of Texas after divesting property there in 2020, announcing the acquisition of a 3,834-acre farm for $12.1 million. FPI is the largest publicly traded farmland REIT measured by U.S. acreage in the country. Operating as an internally managed REIT, the company owns […]
By Lynda Kiernan-Stone, Global AgInvesting Media A little-known fact about today’s fashion industry is that the vast majority of the dye currently used to color the jeans we wear is not made from indigo, as I always assumed, but is synthetic, made through petroleum-based processes involving toxic chemicals. Since its inception in 2012, Tennessee-based Stony […]
By Lynda Kiernan-Stone, Global AgInvesting Media Southern Premium Vineyards (SPV), the platform formed by PSP Investments to own Australian vineyards, has entered into a long-term strategic partnership with Australia’s Casella Family Brands (CFB) under which SPV will acquire 7,215 hectares (17,829 acres) of vineyards across 35 properties in South Australia and New South Wales. Established […]
By Lynda Kiernan-Stone, Global AgInvesting Media The Dai-ichi Life Insurance Company has made its first investment in a farmland strategy fund, committing $50 million to the Nuveen Global Farmland Fund Lux SCSp managed by Nuveen Natural Capital. As a land-focused asset manager, Nuveen has more than 35 years of experience in the field, and today, […]
