By Lynda Kiernan-Stone, Global AgInvesting Media Leading food, feed, and fiber agribusiness Olam Agri has completed the acquisition of Avisen SARL (Avisen), the second largest poultry feed supplier in Senegal, for US$24.8 million, through a deal funded by a combination of existing cash and debt facilities. Olam Agri was one of the operating groups formed […]
By Lynda Kiernan-Stone, Global AgInvesting Media Dole announced it has agreed to sell its 65 percent majority stake in Progressive Produce to PFT Holdings, the parent company of Pacific Trellis Fruit, and a portfolio company of Arable Capital Partners, in a $120 million deal. “We are pleased to announce the sale of our equity interest […]
By Lynda Kiernan-Stone, Global AgInvesting Media The sale of Maryfield Station and Limbunya Station – two institutional scale, Northern Territory cattle operations – is being managed by LAWD with expectations of drawing in buyers seeking out assets able to generate significant carbon credits. Owned by Sam Mitchell from Sydney-based Wealthcheck, both grazing and finishing properties […]
By Lynda Kiernan-Stone, Global AgInvesting Media Driscoll’s, a global market leader of fresh blueberries, strawberries, raspberries, and blackberries, announced as a critical strategic partner in the deal, that the purchase of Costa Group – Australia’s leading grower, packer, and marketer of fresh fruit and vegetables – has been completed by a North American-based consortium led […]
By Lynda Kiernan-Stone, Global AgInvesting Media Climate impact investment manager Regenerate Asset Management announced the finalization of its inaugural investment through its first-of-its-kind Regenerate European Sustainable Agriculture Fund (RESA Fund). Reinforcing its core mission to drive impactful and immediate environmental change while generating investor returns, the fund is making a significant investment of €40 million […]
By Lynda Kiernan-Stone, Global AgInvesting Media NatureSweet, the largest vertically integrated agricultural company in North America, announced the expansion of its portfolio with a new greenhouse facility that has begun planting and growing produce in Bonita, Arizona. It was only five months ago that Blue Road Capital, an independent investment firm focused on vertically integrated food […]
By Lynda Kiernan-Stone, Global AgInvesting Media CBRE Agribusiness’s Angus Bills, Matt Childs, and John Harrison are managing the sale of the 635-hectare Yarrum Agriculture Almond Aggregation, representing a significant early-stage opportunity for potential buyers. Only twenty years ago, Australia’s almond industry totaled 5,000 hectares. Today, acreage has surged to 45,000 planted hectares – mostly concentrated […]
Lynda Kiernan-Stone, Global AgInvesting Media After six years being owned by The Carlyle Group, Accolade Wines, a global premium wine and spirits company and the second largest wine company in Australia, announced it has agreed to a recapitalization plan that will result in a change of control of the company. Under the terms of the […]
By Lynda Kiernan-Stone, Global AgInvesting Media Louis Dreyfus Company (LDC) has agreed to acquire the remaining 83 percent it already doesn’t own in Australia’s Namoi Cotton by way of a Scheme of Agreement that is expected to be implemented in mid-2024. Namoi is a pioneer in the Australian cotton industry. In business since 1962, the […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global fresh fruit leader Unifrutti has taken a major step in expanding its integrated and sustainable global multi-fruit platform by adding strong table grape and cherry operations through an agreement to acquire Verfrut, a prominent grower and exporter of fresh produce with a presence in Chile and Peru. Founded […]
