By Lynda Kiernan-Stone, Global AgInvesting Media Hewitt Cattle Australia, a joint partner of Canadian pension fund – Public Sector Pension Investment Board (PSP Investments) – has acquired the historic Tubbo Station in the Riverina region of New South Wales for an amount that was described by listing agent Col Medway as “above the A$40 million […]
By Lynda Kiernan-Stone, Global AgInvesting Media Solum Partners has made its second investment since its spin-out from Harvard Management in October 2020 – acquiring a majority position in Monte Vista Farming Company, a California-based almond huller, sheller, and processor. Solum Partners began at the height of the pandemic, in October of 2020, when Harvard University’s $41.9 billion […]
By Lynda Kiernan-Stone, Global AgInvesting Media First, let’s meet Booster. Based in Wellington, New Zealand, Booster is an independent financial services company in business since 1998. Among its offerings is the Booster KiwiSaver Scheme (with currently NZ$3 billion (US$2 billion) invested), a vehicle for retirement savings, and a range of different investment funds including a […]
By Lynda Kiernan-Stone, Global AgInvesting Media I see a theme emerging. Gladstone Land has announced it has closed on a $42.3 million deal for farmland, blueberry plantings, and improvements situated in Kern County, California, and Yamhill County, Oregon. Both farms are 100 percent certified USDA organic, and both feature high-density plantings, shade structures to minimize […]
By Lynda Kiernan-Stone, Global AgInvesting Media U.S. timberland investor CatchMark has agreed to sell 18,063 acres of prime timberland in Oregon, known as the Bandon property, to Roseburg Resources via a $100 million cash deal. Founded in 2007 and headquartered in Atlanta, CatchMark focuses exclusively on timberland investments and management. With a goal of maximizing […]
By Lynda Kiernan-Stone, Global AgInvesting Media Classified as an impact-first investment, Hancock Natural Resource Group (HNRG), a Manulife Investment Management company, has acquired 89,800 acres of timberland in the U.S. state of Maine, driven by the intention for the timberlands to be used to primarily sequester carbon. “We are well-positioned to seek positive climate impact […]
By Lynda Kiernan-Stone, Global AgInvesting Media Cargill and Continental Grain have announced their agreement to acquire chicken producer Sanderson Farms for $203 per share, or a total consideration of $4.53 billion. The transaction will be conducted through a joint venture between Cargill and Continental Grain which, once acquired, will merge Sanderson Farms with Continental Grain […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global meat giant JBS is expanding into the fish protein sector, and has agreed to acquire Huon Aquaculture, the second largest salmon producer in Australia, for A$425 million (US$313.5 million). Already a dominating presence in the global beef, poultry, pork, and lamb categories, and despite having a hand in […]
By Lynda Kiernan-Stone, Global AgInvesting Media Brendon Gibson and Neale Jackson of Calibre Partners – the Receivers of FFWL, the parent company of New Zealand winery Villa Maria Estate – have signed a conditional agreement to sell 100 percent of Villa Maria Estates to Indevin, New Zealand’s largest contract winemaker. Although financial details of the […]
By Lynda Kiernan-Stone, Global AgInvesting Media PepsiCo has announced it has entered an agreement with PAI Partners (PAI) to sell select North American juice brands, including Tropicana and Naked, along with an irrevocable option to acquire certain juice businesses in Europe, through a deal valued at $3.3 billion. PepsiCo will retain a 39 percent non-controlling […]
