China Everbright Limited (CEL) announced that its RMB Mezzanine Fund II has made an undisclosed equity investment in Sichuan Dekang Agriculture Technology Limited (Sichuan Dekang) – Chinese hog and chicken farming operation. Founded in 2006 by Chen Yuxin, the founder and chairman of Huaxi Hope Group, and Wang Degen, president of Huaxi Hope Group, Sichuan […]
GreenTec Capital announced it has agreed to make an undisclosed capital investment in Diving Masters Limited (DML) – a Uganda-based agribusiness. Founded in 2007 by Orisa Raphael Jawino, DML is active in the production and trade of soybeans, corn, and rice as well as management of value chains. The company operates 5,200 acres of farmland […]
Washington DC-based ACON Investments has announced that its ACON Latin America Opportunities Fund IV, L.P. (ALAOF IV) has acquired a stake in Brazilian snack and candy company, Dori Alimentos S.A., for an undisclosed amount. Founded in 1967 in São Paulo, Dori is one of Brazil’s leading makers and distributors of snacks and candy, posting net revenue […]
Belgian private equity firm, Verlinvest, has acquired a 24.5 percent stake in Italian tomato processing group, Mutti, for an undisclosed amount. Founded in 1995, Verlinvest is a private investment holding company based in Brussels, and with offices in New York and Singapore. With global assets totaling more than €15 billion (US$15.8 billion) the firm focuses […]
Australia’s Foreign Investment Review Board (FIRB) has granted approval to Consolidated Australian Pastoral Holdings (CAPH) – a new joint venture investment group led by Adelaide-based advisory firm, Agrify and formed by an unnamed cattle family from Australia’s Kimberly region and a Chinese investor – to purchase four cattle stations owned by Nico Botha in Western […]
Costa Group, Australia’s largest produce company, announced at its Annual General Meeting held on November 17 that it has entered into an exclusive non-binding partnership with Macquarie Agricultural Funds Management to “jointly investigate compelling M&A projects in farmland, biological assets, water and infrastructure assets” reports Fresh Fruit Portal. At the time of the announcement, Costa […]
Thailand’s Charoen Pokphand Foods (CPF) has agreed to acquire U.S.-based frozen food company, Bellisio Parent LLC, the third largest producer of single serve frozen entrees in the country from private equity firm, Centre Partners for just under $1.1 billion. J.P. Morgan Chase & Co. advised CPF on the acquisition, which is scheduled to close in […]
Dane Creek Capital Corp. (DCCC), a pet investment-focused merchant banking venture has agreed to acquire a 48 percent stake in Midgard Insect Farm Inc. – a cricket producer located in Windsor, Nova Scotia. Founded by Joy Hillier, a vet technician and graduate of Dalhousie University’s Agricultural College, Midgard’s crickets are an ingredient in a line […]
Private equity firm, Graham Partners, announced it has agreed to acquire freeze-dried food company, Mercer Foods from private equity firms, Fontenac Co. and Lake Pacific Partners for an undisclosed amount. Middle market investment bank Harris Williams & Co. served as the advisor to Mercer Foods during the transaction. “There continues to be strong interest in […]
Ireland-based convenience food giant, Greencore Group announced it has agreed to acquire Peacock Foods from private equity firm, Charlesbank, in a $747.5 million deal that will quadruple Greencore’s U.S. business. Geneva, Illinois-based Peacock Foods is a rapidly growing producer of convenience foods including frozen breakfasts, salad kits, and children’s Lunchables chilled meats, supplying Tyson, Kraft […]
