Paris-based mass-scale breeder and producer of insects for the livestock, pet, and fish feed markets, Ynsect, has raised $15.2 million through a Series B led by Future Positive Capital, Quadia SA and Bpifrance Ecotechnologies and including existing investors, Emertec, Demeter, Vis Vires New Protein Capital and Business Angels. This round brings the company’s total raised […]
Investment in India’s food industry continued this week, with venture capital allocations in the beverage and snack sectors. Cold Pressed Juice Fresh Food Concepts, the leading cold-pressed juice startup in northern India doing business under the brand name Juice Up, has raised $2 million in a pre-series A round of funding led by angel investors […]
Platte River Equity announced it has acquired Tiger-Sul Products, a global provider of Sulphur fertilizers and crop performance chemicals, in partnership with the company’s existing management for an undisclosed amount. Under the terms of the deal the selling party, H.J. Baker & Bro., Inc, which has owned Tiger-Sul since 2005, will retain ownership of a […]
iAnthus Capital Holdings has made its first cannabis investment in Colorado – agreeing to acquire assets including all real estate holdings that include a fully integrated medical and adult use dispensary located in Breckenridge, a 12,000 square foot cultivation facility in Denver, all equipment, and all of the intellectual property and brands associated with Organix […]
Japanese instant and premixed food producer, Nagatanien, has acquired UK-based freeze dried food and specialty bread producer, Chaucer Food Group, in a deal worth $130 million. Founded 36 years ago in Hull, England, Chaucer produces freeze-dried ingredients with a focus on fruit products that it supplies to global giants including Unilever, Nestlé, Starbucks, and Kellogg. […]
Sasini Limited, an agriculture and plantation company owned by Kenyan millionaire Naushad Merali, is investing US$4 million in the establishment of a macadamia processing facility in Kenya. The decision is part of a strategic plan designed to diversify revenue for the company which had its beginnings in the production, processing, marketing, and trading of coffee and […]
The day is finally here; Australia’s Treasurer Scott Morrison has granted approval for the sale of the S. Kidman cattle empire to Australian Outback Beef (AOB) – a joint venture between mining magnate, Gina Rinehart and China’s Shangjai CRED for A$386.5 million. After almost two years more than 600 interested parties have contacted the sale […]
Dutch food group, Wessanen, has acquired Spanish organic food manufacturer Biogran from Nazca Capital for a cash and debt free consideration of €67 million (US$71 million). Headquartered in Toledo, Spain, Biogran is a leading producer and distributor of fresh and dried natural and organic foods, including soy-based meat alternatives, spreads, jams, rice cakes, cereals biscuits, cakes, breads, […]
As the company continues to expand within the legal marijuana space, ScottsMiracle-Gro announced it has lifted its stake in hydroponics company AeroGrow International Inc. to 80 percent through its wholly owned subsidiary, SMG Growing Media Inc., for $47.8 million. ScottsMiracle-Gro made its initial investment in AeroGrow, a producer of an automated soil-free indoor growing system […]
India’s Mahindra & Mahindra Ltd. has signed a definitive agreement to acquire a 60 percent stake in the Netherlands-based global fruit distribution company, OFD Holding, through its subsidiary, Mahindra Agri Solutions, for approximately US$5.3 million. Already a leading grape exporter in India, the deal is a key move by Mahindra toward its strategic goal of […]
