BrightFarms Acquired by Cox Enterprises
photo credit: BrightFarms By Lynda Kiernan-Stone, Global AgInvesting Media Cox Enterprises, a leading communications, automotive, and media company, has fully acquired indoor farming company BrightFarms after being a major stakeholder in the company since it led a $100 million Series E for BrightFarms in October 2020. The company n
Read moreBooster’s Tahi LP Invests More Than NZ$10M in Avocado Grower Darling Group
By Lynda Kiernan-Stone, Global AgInvesting Media First, let’s meet Booster. Based in Wellington, New Zealand, Booster is an independent financial services company in business since 1998. Among its offerings is the Booster KiwiSaver Scheme (with currently NZ$3 billion (US$2 billion) invested), a vehicle for retirement savings, and a ra
Read moreAppHarvest, Mastronardi Form JV FarmCo
By Lynda Kiernan-Stone, Global AgInvesting Media AppHarvest and produce company Mastronardi have announced a new endeavor in the form of a joint venture that will further strengthen their existing relationship and reinforce their standing as pioneers in the agtech space. From its location in Central Appalachia, AppHarvest’s 60-acre CEA
Read moreGladstone Land Announces $42.3M Organic Blueberry Land Deal
By Lynda Kiernan-Stone, Global AgInvesting Media I see a theme emerging. Gladstone Land has announced it has closed on a $42.3 million deal for farmland, blueberry plantings, and improvements situated in Kern County, California, and Yamhill County, Oregon. Both farms are 100 percent certified USDA organic, and both feature high-density
Read moreCatchMark Sells 18,063 Acres of Timberland to Roseburg Resources for $100M
By Lynda Kiernan-Stone, Global AgInvesting Media U.S. timberland investor CatchMark has agreed to sell 18,063 acres of prime timberland in Oregon, known as the Bandon property, to Roseburg Resources via a $100 million cash deal. Founded in 2007 and headquartered in Atlanta, CatchMark focuses exclusively on timberland investments and ma
Read moreGreenLight Biosciences Goes Public Via $1.2B SPAC Merger
By Lynda Kiernan-Stone, Global AgInvesting Media It’s been a minute since we’ve heard about a massive SPAC deal, but GreenLight Biosciences brings us back to the table, announcing its agreement to merge with special purpose acquisition company (SPAC) Environmental Impact Acquisition Corp. to list on the Nasdaq at a valuation of $1.2 bil
Read moreHNRG Acquires 89,800 Acres of Timberland in Maine
By Lynda Kiernan-Stone, Global AgInvesting Media Classified as an impact-first investment, Hancock Natural Resource Group (HNRG), a Manulife Investment Management company, has acquired 89,800 acres of timberland in the U.S. state of Maine, driven by the intention for the timberlands to be used to primarily sequester carbon. "We are wel
Read moreAmplifiedAg Closes on $40M to Advance Its Hydroponic Container Farming Model
photo credit: AmplifiedAg By Lynda Kiernan-Stone, Global AgInvesting Media AmplifiedAg has successfully raised $40 million in equity funding in support of the expansion of its world-leading hydroponic container farm model and its holistic operating system. Stating that “it’s time to re-localize our food systems…", AmplifiedAg ha
Read moreCargill, Continental Grain to Acquire Chicken Producer Sanderson Farms For $4.3B
By Lynda Kiernan-Stone, Global AgInvesting Media Cargill and Continental Grain have announced their agreement to acquire chicken producer Sanderson Farms for $203 per share, or a total consideration of $4.53 billion. The transaction will be conducted through a joint venture between Cargill and Continental Grain which, once acquired, will
Read moreMeat Giant JBS Enters Fish Production, Agrees to Acquire Salmon Producer Huon for A$425M
By Lynda Kiernan-Stone, Global AgInvesting Media Global meat giant JBS is expanding into the fish protein sector, and has agreed to acquire Huon Aquaculture, the second largest salmon producer in Australia, for A$425 million (US$313.5 million). Already a dominating presence in the global beef, poultry, pork, and lamb categories, and de
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