Vendis Capital announced it has sold its stake in Yarrah Organic Pet Food to AAC Capital, which has acquired the stake in partnership with the Yarrah management team led by CEO Basvan Tongeren. AAC Capital is a leading European Benelux (referring to the Benelux Union – the three neighboring states in Western Europe of Belgium, […]
Thailand’s Charoen Pokphand Foods Plc (CP Foods) announced it has agreed to acquire a 33 percent stake in Polish poultry group, SuperDrob for $51.5 million. Established 23 years ago, family-run SuperDrob has six subsidiaries and major processing plants located in Karczew and Lódz from where it produces fresh poultry meat along with a range of […]
Real Estate Investment Trust (REIT) Gladstone Land, announced that it agreed on December 28, 2016 to acquire 16,595 contiguous acres of farmland in Colorado for $9.1 million in cash and 233,952 common shares of limited liability partnership interest in its operating partnership for a total consideration of $12.1 million. The operation has been farmed in […]
Airware’s venture capital fund, the Commercial Drone Fund, has made an undisclosed investment in Raptor Maps, a Cambridge, Massachusetts-based developer of a drone-enabled platform for agricultural market. Launched by CEO Nikhil Vadhavkar and co-founder Edward Obropta, Raptor Maps has developed a precision technology system for the agriculture sector that uses drones, as well as tractor-mounted […]
Swiss investor S. Isiyah and his Sri Lankan partner, S. Venden, who is based in Switzerland, are investing Rs 900 million (US$13.5 million) to establish one of the most high-tech dairy farms in South Asia. The partners originally traveled to Sri Lanka in 2014 to secure 200 acres for the initial phase of the project, […]
Just as 2016 draws to its close, Dutch, pure-play sustainable aquaculture investment fund, Aqua-Spark, announced two investments in Madagascar and the U.S. Sea Cucumber Farming in Madagascar Madagascar-based sea cucumber farming operation, Indian Ocean Trepang, joins the Aqua-Spark portfolio as the fund agrees to invest $2.75 million in the business. Considered a delicacy in many […]
Indian early stage venture capital fund, Ankur Capital, has made an undisclosed investment in agricultural supply chain e-commerce technology platform, BigHaat. Launched in 2015 by Sateesh Nukala, Sachin Nandwana, and Raj Kancham, Bangalore-based agtech startup BigHaat directly connects farmers to seed and agri-product suppliers, increasing transparency and competition while and reducing travel time for the farmer. […]
Italy’s Compari Group announced it has signed an agreement to sell the Lapostolle winery and wine business located in the Santa Cruz region of Chile back to its founder and former owner, Alexandra Marnier Lapostolle, for €30 million (US$31 million). This will return the business to family control as Compari Group effectively exits the wine […]
St. Louis-based baking ingredient and yeast solutions producer, AB Mauri has agreed to acquire the business and assets of bread and baking mix manufacturer, Specialty Blending Co. for an undisclosed amount. Based in Cedar Rapids, Iowa, Specialty Blending is a subsidiary of Flowers Foods Inc. that produces bread and sweet goods mixes including cakes, muffins, […]
Blue Ridge Aquaculture, the world’s largest producer of farm-raised tilapia using an indoor recirculating system, is investing $3.2 million to expand its operations in Henry County, Virginia according to an announcement made by state Governor Terry McAuliffe. Founded in 1993 in Martinsville, Virginia, Blue Ridge Aquaculture produces four million pounds of tilapia per year and […]
