Farmer’s Co-Op to Invest €20 Million in Saudi Arabia Dairy Venture
The Irish Dairy Board (IDB) announced a joint venture with Saudi firm Al Wazeen to build a new cheese manufacturing facility
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Deal Tracking
NC State Sells 79,000 Acre Hoffman Forest for $150 Million
The Board of Trustees of the Endowment Fund of North Carolina State University sold 79,000 acres of forest for $150 million.
Shipping Record U.S. Corn Crop Burdens Railroads, Barge Lines
The U.S. is expected to harvest a record corn crop of 13.8 billion bushels, which is taxing its grain transport system.
New Zealand Pastures Attracts Offshore Investment
New Zealand Pasture Limited announced they have completed first close on a new farmland investment vehicle.
China Modern Dairy Block Trade Raises $110 Million
Founding shareholders in ChinaÕs biggest raw milk producer raise $110 million from the sale of a 5.2% stake.
AB Linas Agro Group Received the Permission to Acquire Poultry Companies in Latvia
AB Linas Agro Group received approval from the Competition Council of the Republic of Latvia to buy poultry companies.
Harvest Automation Raises $11.75 Million
Agricultural robotic firm Harvest Automation has raised nearly $25 million in three rounds of venture capital raising.
Mosaic to Buy CF’s Phosphate Business for $1.2 Billion
Mosaic Co. has announced it will buy CF Industry HoldingÕs phosphate business for $1.2 billion cash.
ASR Group Expands European Sugar Business, Forms Partnership with SFIR in Italy
ASR Group purchased ED&F ManÕs 50% share of SFIR Raffineria di Brindisi SpA, EuropeÕs second largest can sugar refinery.
Arla Opens World’s Largest Fresh Milk Dairy in Aylesbury
After a period of trials, Arla has opened the worldÕs largest fresh milk dairy with a 1 billion liter capacity.