New Zealand Wine Giant Villa Maria Saved From Receivership, to be Acquired by Indevin
By Lynda Kiernan-Stone, Global AgInvesting Media Brendon Gibson and Neale Jackson of Calibre Partners - the Receivers of FFWL, the parent company of New Zealand winery Villa Maria Estate - have signed a conditional agreement to sell 100 percent of Villa Maria Estates to Indevin, New Zealand’s largest contract winemaker. Although finan
Read morePE Firm PAI Partners Acquires Tropicana and Other Juice Brands from PepsiCo in $3.3B Deal
By Lynda Kiernan-Stone, Global AgInvesting Media PepsiCo has announced it has entered an agreement with PAI Partners (PAI) to sell select North American juice brands, including Tropicana and Naked, along with an irrevocable option to acquire certain juice businesses in Europe, through a deal valued at $3.3 billion. PepsiCo will retai
Read moreNobell Foods Locks $75M Series B to Make Casein From Soybeans
By Lynda Kiernan-Stone, Global AgInvesting Media The dairy-free category has been at the tip of the spear for the plant-based dietary shift. However, vegan cheese has proven particularly difficult to formulate – thanks to the challenge of replicating casein – the protein that gives cheese all those characteristics that humans love. N
Read moreProterra Investment Partners Selling Corinella Group Farm Portfolio
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment company Proterra Investment Partners is divesting its Australian farm portfolio - the Corinella Group Pty Ltd consisting of 49 farms across southeastern Australia - with expectations of fetching A$350 million (US$256.8 million). Encompassing more than 22,500 hectares (5
Read moreNovoNutrients Raises $4.7M to Make Protein From CO2
photo credit: NovoNutrients By Lynda Kiernan-Stone, Global AgInvesting Media Hong Kong-based Happiness Capital led $4.7 million in funding for NovoNutrients, an alternative proteins company using industrial carbon dioxide emissions, inexpensive hydrogen, and naturally occurring microbes to make high-grade protein for human and animal con
Read moreProtera Announced Final Close of its Series A at $10M
By Lynda Kiernan-Stone, Global AgInvesting Media Mexico’s Bimbo Group and the ICL Group have joined existing investors in Protera’s Series A round to bring the round to a final close at $10 million. Co-founded in 2015 by company CEO Leonardo Álvarez and company COO Francia Navarrete, Protera understands that the hard work that has
Read moreAgDevCo Expands In Mozambique, Invests $3M to Develop Banana Industry
By Lynda Kiernan-Stone, Global AgInvesting Media UK-based social impact and sub-Saharan-focused investor AgDevCo announced its latest investment of $3 million in Quinta da Bela Vista Limitada (QBV) - an irrigated banana estate in Mozambique’s Boane area. As a specialist investor in African agriculture, AgDevCo envisions a thriving ag
Read moreAXA IM Makes One of The Largest Investments in Australia Forestry in More Than a Decade
By Lynda Kiernan-Stone, Global AgInvesting Media Global alternative investment leader AXA IM Alts announced it has agreed to acquire 24,000 hectares (59,305 acres) of Australian forest and the associated forest management business from investment funds advised by U.S.-based Global Forest Partners LP (GFP) through a deal valued at approximat
Read moreSun World Expands With Addition of Australian Grape Grower
By Lynda Kiernan-Stone, Global AgInvesting Media Global fruit genetics and licensing company Sun World announced it has expanded its presence in Australia with the addition of licensed grape grower and marketer Fresh Produce Group of Australia (FPG). Through this agreement, FPG now joins Sun World’s licensees Costa Group, Perfection
Read moreBF Anchors Agritech & Food Fund Managed by Fondo Italiano d’Inoltre With EUR120M
By Lynda Kiernan-Stone, Global AgInvesting Media Bonifiche Ferraresi (BF) has agreed to invest EUR 120 million (US$141 million) via one or more tranches in the Italian fund Agritech & Food, a closed-end alternative investment fund managed by Fondo Italiano d’Inoltre Sgr, controlled by the Cassa Depositi e Prestiti Group (which itself
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