Ontario Teachers’ Acquires Controlling Stake in Australia’s Largest Potato Grower
By Lynda Kiernan-Stone, Global AgInvesting Media Ontario Teachers’ Pension Plan (Ontario Teachers') has acquired a controlling majority stake in Mitolo Family Farms, the largest potato grower in Australia, through its Australian agriculture subsidiary AustOn Corporation. Operating 26 farms across South Australia and New South Wa
Read moreVertical Grower Local Bounti Locks Down $145M in New Funding
By Lynda Kiernan-Stone, Global AgInvesting Media Advanced U.S. indoor agricultural grower Local Bounti estimates that the U.S. market for herbs and vegetables will reach a value of $30 billion by 2025, with less than 1 percent of that produce currently being produced through indoor systems. For Local Bounti, which was launched in
Read moreCooke Agrees to Acquire Iconic Slade Gorton
By Lynda Kiernan-Stone, Global AgInvesting Media Cook Inc. announced it has agreed to acquire Slade Gorton, one of the largest manufacturers, distributors, and importers, of fresh and frozen seafood in the U.S. (Do you remember the jingle… “Trust the Gorton’s fisherman” ?) Headquartered in Waltham, Massachusetts, with a
Read morePrecision Ag Company Braiin Going Public Via SPAC at $215M Valuation
By Lynda Kiernan-Stone, Global AgInvesting Media Already revenue and EBITDA positive and positioned for growth, Australian end-to-end precision and ag analytics company Braiin Limited announced its plans to go public via a SPAC agreement with Northern Revival Acquisition Corporation (NRAC). “Partnering with Northern Revival Acqu
Read moreMahindra Acquires 100 Percent of M.I.T.R.A, Omnivore Exits
By Lynda Kiernan-Stone, Global AgInvesting Media Mahindra & Mahindra Ltd.’s Farm Equipment Sector (FES) announced it has acquired 100 percent of MITRA Agro Equipments Private Limited (M.I.T.R.A) by increasing its holding from 47.33 percent to 100 percent. Consequently, in connection with this deal, Omnivore has been fully bought out
Read moreDomain Timber Gains Ninth Portfolio Transfer, Brings Total Management to Nearly 250,000 Acres
By Lynda Kiernan-Stone, Global AgInvesting Media Private investment management services firm Domain Capital Group announced that its subsidiary Domain Timber Advisors has assumed investment responsibilities for a timberland portfolio containing assets located in the U.S. Southeast and Northwest regions. This transfer marks the nin
Read moreForesight Group Invests in Expansion of Vertical Farming Company Harvest London
By Lynda Kiernan-Stone, Global AgInvesting Media Alternative investment manager Foresight Group has forged a strategic partnership with UK-based controlled environment agriculture (CEA) company Harvest London for the expansion of vertical farming in the country. Founded in 1984, and now operating across seven countries in Europe a
Read moreSaffron Tech Gains Backing for Large-Scale Vertical Saffron Farming
By Lynda Kiernan-Stone, Global AgInvesting Media Israel-based Saffron Tech Ltd. announced a new investment agreement with Korea-based Dreamtech Co. Ltd., a manufacturer of innovative tech components including advanced mobile and medical devices. As a subsidiary of Sativus Tech Corp., Saffron Tech is rewriting the protocols for growing s
Read moreAndes Closes $30M Series A to Convert CO2 From the Air Into Minerals in the Soil
By Lynda Kiernan-Stone, Global AgInvesting Media Climate tech startup Andes has officially closed its Series A at $30 million, bringing total funding to-date to $38 million from a broad range of investors including Voyager VC, Yamaha Motor Ventures, Leaps by Bayer, Cavallo Ventures, KdT Ventures, Venturance, Germin8, and Accelr8. Andes
Read moreVeripath Acquires an Additional 640 Acres of Farmland in Saskatchewan
By Lynda Kiernan-Stone, Global AgInvesting Media Only a week after announcing a new investment strategy, Veripath Farmland Partners is back on the acquisition trail, announcing its purchase of 640 acres of farmland in Saskatchewan through its Veripath Farmland (R) Fund. Launched during the pandemic in mid-2020, Veripath has alread
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