By Lynda Kiernan, Global AgInvesting Media Louis Dreyfus Company (LDC) has agreed to sell the business and related assets of Imperial Sugar Company to Clewiston, Florida-based U.S. Sugar for an undisclosed amount. LDC, which is one of the top five sources, merchandisers, transporters, and marketers of raw and white sugars in the world, acquired Imperial […]
By Lynda Kiernan, Global AgInvesting Media Gladstone Land has further diversified its portfolio with the acquisition of 108.000 square-feet of cold storage and supporting facilities in Stockton, California, for an undisclosed amount. In connection with the deal, Gladstone has entered into a 10-year lease agreement with the seller (who is an existing tenant of the […]
By Lynda Kiernan, Global AgInvesting Media Gladstone Land has expanded its holdings in the U.S. Mid-Atlantic region with the announcement of its acquisition of 228 acres of farmland located in Dorchester County, Maryland, for $1.6 million. In association with this deal, Gladstone has expanded its partnership with a current tenant, who is a large sod […]
By Lynda Kiernan, Global AgInvesting Media Boston-based Green City Growers (GCG) began in 2008 with a mission to create a more environmentally sustainable urban food system that can produce more nutrient-dense foods by providing homeowners with the infrastructure, tools, and education to grow their own produce employing organic, regenerative, and pesticide-free production practices. As a […]
By Lynda Kiernan, Global AgInvesting Media Hancock Agriculture, the second largest producer of beef in Australia, and its joint venture partner S. Kidman and Co. have appointed Elders to market a portfolio of seven of its Northern Australia beef production assets. Included in the sale will be approximately 108,500 head of cattle, plus progeny, along […]
By Lynda Kiernan, Global AgInvesting Media Prairie Horizon Agri-Energy has agreed to sell its assets to Iowa-based agribusiness and private equity investor Summit Agriculture Group (Summit Ag) for an as-of-yet undisclosed amount. Located in Phillipsburg, Kansas, Prairie Horizon is a producer of ethanol, distillers grains, and corn oil with output of more than 40 million […]
By Lynda Kiernan, Global AgInvesting Media Dole is set to merge with Dublin-based Total Produce, the leading fresh produce company in the EU, resulting in a combined entity that will be the largest fresh produce company in the world. Once established, the new company, which will be under the Dole Plc name, will have an […]
By Lynda Kiernan, Global AgInvesting Media Food and ag investor Arable Capital Partners announced it has made a strategic investment backing Pacific Trellis Fruit / Dulcinea – one of the U.S.’ top year-round growers, importers, and marketers of premium fresh fruit including melons, table grapes, citrus, cherries, stone fruit, among others, under the Dulcinea brand. […]
By Lynda Kiernan, Global AgInvesting Media FinDev Canada, a dedicated institution financing the private sector in developing countries to combat poverty through three pillars: job creation, women’s empowerment, and climate change mitigation, has committed $12 million to Miro Forestry Development – a sustainable forestry and timber operator with plantations in Ghana and Sierra Leone. This […]
By Lynda Kiernan, Global AgInvesting Media Saudi Arabia’s state-owned Saudi Agricultural Livestock Investment Company (SALIC) has deepened its partnership with Brazilian livestock company Minerva Foods in a deal that will see an expansion for both companies in Australia. SALIC originally agreed to acquire a 20 percent stake in Minerva in December 2015 for $188.4 million. […]
