Belgium-based fresh, frozen, and prepared fruit and vegetable company Greenyard has agreed to divest its horticulture business to Belgium private equity group Straco for EUR120 million (US$141 million). Operating in 27 countries around the world, Greenyard’s decision to divest its horticulture unit, including its Greenyard Mycoculture business, has been made as a step toward deleveraging […]
AGR Partners announced it has divested the core business of portfolio company Tru-Test to Swiss identification and tracking solutions company Datamars for NZ$147.9 million (US$98 million). Headquartered in Auckland, New Zealand, Tru-Test’s business operates on a global scale, with offices not only across New Zealand, but also in Brazil, Australia, Mexico, the United Kingdom, and […]
Griffith Foods has led a $2.5 million Seed Round for ReGrained, a mission-driven ingredient company and food innovator that employs patented technology to transform beer brewing byproducts into super grains. Also participating in the round were Barilla Group’s BLU1877, Telluric Foods, and a range of undisclosed strategic and crowdsourced investors. Founded in San Francisco, ReGrained […]
Real estate investment trust (REIT) Rural Funds Group (RFG) announced its latest acquisition – Dyamberin – a 1,728-hectare cattle station in New South Wales, for $13.4 million. The deal, which is expected to close by the end of October of this year, is the most recent in a string of cattle property acquisitions by RFG, […]
Monogram Capital Partners and Meaningful Partners have each made recent investments of $10 million in the meat snack category. Country Archer Jerky In July, Los Angeles-based Monogram Capital Partners made a $10 million investment in Country Archer Jerky, the current top selling and fastest growing jerky brand in the natural grocery channel. The deal was […]
Fondo Agroalimentare Italiano I (FAI I) announced that it has acquired a stake in Agrimola, a leading manufacturer, processor, and marketer of chestnuts and fruits, in partnership with Luca Sassi, the company’s CEO and majority shareholder. Founded in 1978, and located in Emilia-Romagna, one of Italy’s key agricultural regions, Agrimola is the leading player in […]
Edmonton, Alberta, Canada-based Aurora Cannabis announced it has acquired Agropro, Europe’s largest producer, processor, and supplier of certified organic hemp and hemp products, as well as its sister company – hemp processor and distributor, Borela UAB, for C$8.1 million (US$6.2 million). Although smaller financially, Seeking Alpha states that this acquisition may be Aurora’s best deal […]
Barramundi farmer and marketer Australis Aquaculture has sold its land-based fish farm operation located in Turner Falls, Massachusetts, to Great Fall Aquaculture for an undisclosed amount. Australis CEO Josh Goldman originally developed the Turner Falls site in 1990 for the production of hybrid striped bass, making the farm one of the world’s largest and longest […]
The UK unit of Saudi Agricultural and Livestock Investment Company (SALIC) has agreed to acquire Ukrainian farming company Mriya for an undisclosed amount. Included in the transaction are Mriya’s Ukrainian farmland, infrastructure facilities, machinery, and land-lease agreements. All told, SALIC will gain control of 150,000 hectares of farmland in central and western Ukraine, four grain […]
BFB Pty Ltd, a diversified farming business based in New South Wales, Australia, is seeking bids from prospective corporate and superannuation bidders. Headquartered in Tamora and founded in 1985, BFB currently owns 28 farms totaling a collective 48,753 hectares. In the 80s the business began as a trucking company, but soon expanded into cropping and grain […]
