Limoneira Acquires 760 Acres of Agriculture Property
Limoneira Co. announced it has completed the acquisition of 760 acres of agricultural property in California for $8.75 million in cash.
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Deal Tracking
Urban Ecological System to Lift Australian Food Production
The Urban Ecological System (UES) which produces barramundi and herbs signed a deal with supermarket giant Coles.
EU to Scrap Export Subsidies…If Others Join
The EU will eliminate US$4 billion in agricultural and dairy subsidies if the U.S. and other nations do the same.
Saputo Inks $378 Million Deal to Buy Australia’s Warrnambool Cheese and Butter Factory
Canadian Dairy and cheese giant Saputo has agreed to buy Warrnambool Cheese and Butter Factory Co. Holdings Ltd. for C$378 million.
SG Biofuels Seeks $31 Million IDB Loan for Guatemala Jatropha
SG Biofuels partnered with Airbus SAS seeks $30.6 million in financing to build jatropha plantations in Guatemala.
Calata Inks Deal with Chinese Agriculture Firm
Philippines-based Calata Corp. has partnered with Chinese agribusiness giant New Hope Group (NHG).
Titan Completed Voltyre-Prom Purchase
Titan International Inc. and its partners have completed the $94 million acquisition of Russian agricultural tire producer Voltyre-Prom
Hershey Building State-of-the-Art Confectionery Plant in Malaysia to Serve Asia Region
The Hershey Co. announced its single largest investment in Asia in company history – a US$250 million confectionery plant in Malaysia.
Turkey’s Yildiz Holdings Raises $431 Million From Ulker Stake Sale
Turkey-based Yildiz Holding announced it has raised $431 million from the sale of a 20% stake in its food unit.
Myanmar, Japan Joint-Venture Company to Manufacture Rice and Rice Products
Japan-based Mitsui & Co. Ltd. and Myanmar Agribusiness Public Corp. Ltd. (MAPCO) formed an agriculture joint-venture company.