North Star Pastoral’s Maryfield and Limbunya Stations Up For Sale; Expected to Fetch $150M
By Lynda Kiernan, Global AgInvesting Media Colin Ross, the owner of Australia’s North Star Pastoral, is selling two of the country’s well-known cattle stations - Maryfield and Limbunya - with expectations that the assets will fetch $150 million. Located in the Victoria River District in the Northern Territory, the combined stations a
Read moreGoldman Sachs Leads $51M Round for Plant-Based Functional Liquid Nutrition Developer Kate Farms
photo credit: Kate Farms By Lynda Kiernan, Global AgInvesting Media Although there is admittedly still much we don’t know about the connection and interaction between our genes and the foods we eat, personalized nutrition, and by proxy, functional foods and beverages, have been noted as being some of the key drivers in the evolution of
Read moreGlobal Organic and Plant-Based Leader SunOpta Sells Off Ingredients Business for $390M
By Lynda Kiernan, Global AgInvesting Media Nearly two years after selling its organic soy and corn business to Pipeline Foods for $66.5 million, SunOpta continues to slim down with the sale of Tradin - its global ingredients business - to commodities trader Amsterdam Commodities (Acomo) in a deal worth $390 million. Based in Canada, Su
Read more8F-Backed Pure Salmon to Invest $228M in Virginia Fish Farming Facility
By Lynda Kiernan, Global AgInvesting Media Pure Salmon, the land-based salmon farming company backed by 8F Asset Management, is investing $228 million in its Virginia production facility, marking one of the largest private equity investments in the region. Singapore-based 8F Asset Management is an impact investor with a pure-play frame
Read moreRabobank Among Investors Committing $18M to Chickpea Protein Company InnovoPro
By Lynda Kiernan, Global AgInvesting Media Israeli chickpea protein producer InnovoPro announced it has secured $18 million in funding through a second round led by Jerusalem Venture Partners (JVP), and included the Rabo Food & Agri Innovation Fund, part of Rabobank’s investment arm Rabo Corporate Investments, leading Israeli VC fund
Read moreBrief: Lewis & Clark Backs Irrigation Tech With $7.7M Investment Through its Rural RBIC Fund
By Lynda Kiernan, Global AgInvesting Media Lewis & Clark AgriFood announced it has allocated a $7.7 million investment through their Rural RBIC Fund in irrigation tech company Hortau Corp. Based in St. Louis, Lewis & Clark is a food and agriculture-focused investment firm targeting land and growth stage businesses through its A
Read moreDevelopment Bank of Japan Invests in Equilibrium Capital’s Controlled Environment Foods Fund II
By Lynda Kiernan, Global AgInvesting Media The Development Bank of Japan (DBJ) has made an undisclosed investment in Equilibrium Capital’s Controlled Environment Foods Fund II, becoming the first regional Asian investor to do so. Once overlooked as a viable alternative to the growing issue of providing food for an ever-popu
Read moreUnigrains Funds its Growth Ambitions with EUR250 Million in RCF Financing
By Lynda Kiernan, Global AgInvesting Media Independent ag and food investor Unigrains announced that it has secured EUR250 million (US$296 million) in revolving credit facility (RCF) financing from a collective group of banks. Co-leading the financing were Crédit Agricole Ile-de-France which acted as agent and coordinator with Société
Read moreLouis Dreyfus Opens to Outside Ownership for First Time, Sells 45 Pct Stake to Abu Dhabi Sovereign Wealth Fund ADQ
By Lynda Kiernan, Global AgInvesting Media Iconic grain trader Louis Dreyfus Company (LDC) has decided for the first time in the company's 169-year history to open itself to outside ownership, agreeing to sell a 45 percent stake in the business to Abu Dhabi sovereign wealth fund ADQ. Despite resisting outside investors, Margarita Louis
Read moreAustralia’s Provectus Algae Raises $3.25M for “Precision Photosynthesis™”
By Lynda Kiernan, Global AgInvesting Media Australian biotech startup Provectus Algae announced it has secured $3.25 million in Seed funding led by Hong Kong-based Vectr Ventures. Also participating in the round was Canadian venture capital investor Maropost Ventures and a cohort of unnamed individual investors and family offices. The c
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