By Lynda Kiernan-Stone, Global AgInvesting Media Costa Group (CGC) and citrus grower 2PH Farms have had a working relationship for years through which Costa marketed 2PH Farms’ fruit in Australia for more than a decade, and additionally to export markets this calendar year. This relationship has now shifted as Costa Group has entered into an […]
By Lynda Kiernan-Stone, Global AgInvesting Media Australian listed property fund manager Primewest has recently completed a sale and leaseback deal for Piscioneri Farms – a citrus and table grape operation in Sunraysia, Victoria, confirms Smith Agri International, which managed the transaction. Consisting of approximately 93 total acres, of which 84 are planted, the sale of […]
By Lynda Kiernan-Stone, Global AgInvesting Media APG, the largest pension provider in the Netherlands, with approximately €583 billion (US$695 billion) under management as of April 2021, is planning to expand its investment in forestry and agriculture from its current €1.8 billion (US$2.15 billion) to €3-€5 billion (US$3.58-$5.96 billion) over the coming five years. In support […]
By Lynda Kiernan-Stone, Global AgInvesting Media Food and ag investor Arable Capital Partners has expanded its fruit holdings, announcing that it has acquired Royal Ridge Fruits, Dorsing Farms, and related entities, through a partnership with the Dorsing family. Under the terms of the deal, Arable Capital is acquiring the farming operations, which have grown to […]
By Lynda Kiernan-Stone, Global AgInvesting Media JBS SA has signed an agreement to fully acquire Rivalea – comprised of Rivalea Holdings and Oxdale Dairy Enterprise – from Singapore’s QAF Limited for an enterprise value of A$175 million (US$135 million). As a vertically integrated hog breeding and processing company in Australia – with breeding and production […]
By Lynda Kiernan-Stone, Global AgInvesting Media Gladstone Land continues to expand its holdings in the Mid-Atlantic region of the U.S., announcing its acquisition of 116 gross acres of farmland, including 100 acres of blueberry bushes along with a fresh packing and shipping facility in Hammonton, New Jersey, for approximately $2.2 million. In accordance with the […]
By Lynda Kiernan, Global AgInvesting Media SBI Ven Holdings, the overseas private equity firm of Japan’s SBI Holdings, has committed a $2 million in exchange for a 11 percent stake in investment in Watawala Dairy Farm, one of the leading agribusiness companies in Sri Lanka. Begun as a pilot project called Lonach Farm in March […]
Photo credit: Sambazon By Lynda Kiernan, Global AgInvesting Media Based in San Clemente, California, and with operations in Brazil, Sambazon is a global leader in açaí-based foods and beverages. Açai is a high-antioxidant fruit that grows atop palm trees in the Amazon Rainforest, leading to Sambazon being an acronym for “Sustainable Management of the Brazilian […]
By Lynda Kiernan, Global AgInvesting Media Australian Food & Fibre (AFF) has acquired 100 percent of Auscott, the biggest integrated cotton business in Australia including farmland, ginning infrastructure, warehouses, and marketing operations for an undisclosed amount from U.S.-based owner J.G. Boswell Company. Although the financial particulars were not disclosed, Auscott was placed on the market […]
By Lynda Kiernan, Global AgInvesting Media Australian agricultural land and water asset investor, developer, and manager Alterra Limited has announced a capital raising of up to another A$3.7 million (US$2.86 million) in funding through a deal in which a company associated with Pendulum Capital, led by Peter Fogarty and Greg Harvey, will acquire a 19.9 […]
