Louis Dreyfus Sells Imperial Sugar to U.S. Sugar
By Lynda Kiernan, Global AgInvesting Media Louis Dreyfus Company (LDC) has agreed to sell the business and related assets of Imperial Sugar Company to Clewiston, Florida-based U.S. Sugar for an undisclosed amount. LDC, which is one of the top five sources, merchandisers, transporters, and marketers of raw and white sugars in the world,
Read moreHancock Natural Resource Group Acquires 12,874 Hectares of Brazilian Timberland
By Lynda Kiernan, Global AgInvesting Media Hancock Natural Resource Group (HNRG), a company of Manulife Investment Management, has acquired 12,874 hectares (31,812 acres) of eucalyptus plantations in Mato Grosso do Sul, Brazil, through its affiliate Sempre Verde Florestas e Agricultura Ltda, from AMATA, through AMATA subsidiary APEI Plantio
Read moreFood Tech Startup Eat Just Closes on $200M in New Funding
photo credit: Just Eat Inc. By Lynda Kiernan, Global AgInvesting Media Industry-leading food tech startup Eat Just has closed on $200 million in new funding led by Qatar’s sovereign wealth fund, Qatar Investment Authority (QIA). Additional investors included Charlesbank Capital Partners and Vulcan Capital, the investment arm of the e
Read moreCP Buys Kansas City Southern in $29B Deal Creating First U.S.-Mexico-Canada Rail Network
By Lynda Kiernan, Global AgInvesting Media In a deal marking the biggest evolutionary step in North American railways since 1996 when CSX merged with Conrail, Canadian Pacific (CP) and Kansas City Southern (KCS) announced their agreement to merge, creating the first rail network to connect the U.S., Mexico, and Canada. The combination
Read morePure Harvest Smart Farms Secures $60M Through First-of-its-Kind Financing Solution
By Lynda Kiernan, Global AgInvesting Media UAE-based tech-driven agribusiness Pure Harvest Smart Farms (Pure Harvest) announced that it has secured $60 million in growth funding through a first-of-its-kind Islamic financing solution. Led by SHUAA Capital, the leading asset management and investment banking platform in the region, this
Read moreIlsar Raises $5M to Bring Their High-Tech Truffles to the World
By Lynda Kiernan, Global AgInvesting Media Israeli company Ilsar announced it has raised $5 million in funding led by AP Partners to commercialize rare black winter truffles on the international market. Almost universally considered a luxury, challenging to cultivate to the point of frustration, and traditionally only found during the
Read moreGladstone Land Diversifies Portfolio With Acquisition of Blueberry Cooling and Storage Facilities
By Lynda Kiernan, Global AgInvesting Media Gladstone Land has further diversified its portfolio with the acquisition of 108.000 square-feet of cold storage and supporting facilities in Stockton, California, for an undisclosed amount. In connection with the deal, Gladstone has entered into a 10-year lease agreement with the seller (who
Read moreFarmTogether Closes on Largest Ever Single-Asset Crowdfunding Farmland Investment
By Lynda Kiernan, Global AgInvesting Media Tech-driven online farmland investment marketplace FarmTogether announced that it has closed on the largest single-asset crowdfunding farmland investment to-date - $22 million for Galaxy Organic Apple Orchards - a 201-acre organic redevelopment property in Franklin County, Washington. Through
Read moreMacquarie Places Lawson Grains on The Market
By Lynda Kiernan, Global AgInvesting Media Amid a recent uptick in high-profile Australian holdings being put on the market, this may be the biggest. Macquarie Bank has decided to sell Lawson Grains - a 105,000-hectare (260,000-acre) corporate grain and oilseed farming venture with properties across New South Wales and Western Australia.
Read moreVertical Farmer Oishii Raises $50M to Transform Produce Production
By Lynda Kiernan, Global AgInvesting Media The aptly named produce company Oishii (meaning ‘delicious’ in Japanese) announced that it has raised $50 million through a Series A round led by SPARX Group’s Mirai Creation Fund II - a fund created by Toyota Motor Corporation, Sumitomo Mitsui Banking Corporation, and SPARX. Additional
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