By Lynda Kiernan-Stone, Global AgInvesting Media Berries have been hot! Considering the nutritional value of fresh berries, and their diverse range of applications from the bakery to beverages, it’s not surprising that they are one of the most rapidly growing fresh produce categories at retail stores in the world. Macros are driving the fresh fruits […]
By Lynda Kiernan-Stone, Global AgInvesting Media Constellation Brands has been realigning for a few years now. In 2018, the group made a surprising announcement that it was investing a further $4 billion in publicly traded Canadian marijuana grower Canopy Growth. In 2019, the group sold approximately 30 wine brands and related facilities located in California, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cargill and its existing partner Naturisa S.A. forged an agreement with Skyvest EC Holdings S.A. to establish a new joint venture that will bring another shrimp feed production facility under Cargill’s management, expanding supply of high-quality feed to the country’s farmers. It was back in 2012 when farmed seafood […]
By Lynda Kiernan-Stone, Global AgInvesting Media Impact-driven carbon finance company Respira International has entered into a multi-year agreement with Phillipson Estates, the owner of Blaston Farm in Leicestershire, for the purchase of voluntary carbon certificates generated by carbon sequestration on arable farmland. This marks the first UK project of its kind to generate certificates based […]
By Lynda Kiernan-Stone, Global AgInvesting Media Paine Schwartz (then called Paine & Partners) made its first investment in Costa Group – Australia’s top grower, packer, and marketer of fresh fruit and vegetables in five categories: berries, mushrooms, glasshouse tomatoes, citrus, and avocados – in 2011. Four years later, in 2015, Paine Schwartz completed an IPO for […]
By Lynda Kiernan-Stone, Global AgInvesting Media Earlier this month, Saudi Arabia’s Public Investment Fund (PIF) announced the launch of Halal Products Development Company (HPDC) with the intent of using the subsidiary to invest in and strengthen domestic halal food production. It is this subsidiary that has just announced a joint venture with Brazilian global meat […]
By Lynda Kiernan-Stone, Global AgInvesting Media Did you start to believe that SPAC deals, much like skinny jeans, have been shelved? Well, not so fast… But first, some readers might have joined us after the SPAC attack that was 2020. Seen as an alternative to a traditional IPO, SPACs became more mainstream a few years […]
By Lynda Kiernan-Stone, Global AgInvesting Media Leading sustainable food and agribusiness investor Arable Capital Partners has expanded its footprint in the fresh fruit segment through a new partnership with BlazerWilkinsonGee (BWG), a leading grower, packer, and shipper of premium strawberries in North America, and David Sullivan, industry veteran and co-founder of Pacific Trellis Fruit. Arable […]
By Lynda Kiernan-Stone, Global AgInvesting Media The Saudi Agricultural and Livestock Investment Company (SALIC) and Minerva Foods have acquired the Australian Lamb Company (ALC) for AUD400 million (US$2523.3 million). SALIC originally agreed to acquire a 20 percent stake in Minerva in December 2015 for $188.4 million. This stake was later raised to 33.83 percent in […]
By Lynda Kiernan-Stone, Global AgInvesting Media Los Angeles-based private equity firm Pacific Avenue Capital Partners has acquired the sunflower and roasted snacks business of SunOpta in a $16 million deal. Based in Crookston, Minnesota, this business division is a leading integrated provider of sunflower seeds, chickpeas, and other nutritious snacks. Business-related assets acquired through this […]
