General Mills’ venture capital arm, 301 INC. is in the news again – announcing its second investment within as many weeks – agreeing to lead a $6.5 million Series D for Farmhouse Culture, a category leader in probiotic foods and beverages. Farmhouse Culture was launched in 2008 by Kathryn Lukas, who began selling sauerkraut at […]
Growth equity funds advised by China-focused, mid-market growth equity firm Welkin Capital Management have invested $17.44 million in Hunan Guitaitai Camellia Oil Technology Co. Ltd. – the largest camellia oil brand in China. Camellia oil, also known as tea seed oil, is cold pressed from the seeds of the woody Camellia sinensis plant. Given its […]
TechAccel, a venture and developmental partner focused on the agriculture, animal health, and food sectors, announced that it has completed an undisclosed equity investment as part of a $3.2 million extension to a Series A for Epicrop Technologies Inc. – an agricultural biotechnology company that employs cutting-edge epigenetic technology to increase crop yields. Other investors in […]
Gina Rinehart’s Hancock Prospecting has confirmed its acquisition of the Aroona cattle station in Australia’s Northern Territory from John and Kate McLoughlin. Land records indicate that the property sold for $13.5 million, however this price does not include cattle or other assets. Located approximately 100 kilometers west of Katherine, the Aroona Station encompasses 147,510 hectares […]
Australian almond grower Select Harvests announced, as part of its Half-Year Ending December 31, 2016 – Results Presentation Report, that the company has agreed to acquire Jubilee Almond Orchards located in South Australia, and a 22 percent stake in Laragon Processing – an almond hulling and shelling facility, for a total consideration of A$26.5 million. […]
Boulder Investment Group Reprise (BIGR) has led an $8 million Series A for Boulder, Colorado-based nutritional oat bar maker, Bobo’s. Founded in 2003, Beryl Stafford and her daughter, nicknamed “Bobo”, began baking small-batch oat bars using basic ingredients. The natural nature of the product, and the small-batch baking process employed in its production has won […]
Limoneira announced that it has agreed to acquire a 90 percent stake in Pan de Azucar S.A. (PDA) – a Chilean citrus producer with 210 acres of lemon and orange orchards near La Serena, Chile – and an equity interest in Rosales S.A., a citrus packing, marketing, and sales operation also located in La Serena, […]
Anonymous sources have revealed that TPG Growth, the growth-capital fund of U.S.-based private equity firm, TPG has agreed to acquire a 25 percent stake in leading Indian dairy company, Dodla Dairy, from Proterra Investment Partners in a Rs 300 cr (US$45 million) deal. “All the due diligence works by TPG Growth are complete and the […]
Chicago-based private equity firm, 2x Consumer Products Growth Partners (2x Partners) and General Mills’ venture unit, 301 INC., have made a “significant” undisclosed investment in D’s Naturals – an innovative producer of No Cow Bars – plant-based, non-GMO, non-dairy protein bars that also have an extremely low sugar content, and Fluffbutters – a line of […]
Australia’s Yumbah Aquaculture, the largest abalone farmer in the Southern Hemisphere, has acquired a 75 percent stake in EP Aquafeeds (EPA) for an undisclosed amount. Under the terms of the deal, which will make Yumbah the only abalone producer to produce and control its own feed, EPA will change its name to Yumbah Aquafeeds, and […]
