By Gerelyn Terzo, Global AgInvesting Media Australia’s largest sheep station has been sold. In a deal announced by Australian ag specialist Elders, Jumbuck Pastoral is offloading its Rawlinna Station asset to the Consolidated Pastoral Company (CPC). The parties, which are keeping the price tag close to the vest, said that the sale drew significant interest […]
By Gerelyn Terzo, Global AgInvesting Media Canadian private equity firm Fulcrum Capital has made an investment into Sunco Foods through its Fund VI, a middle-market-focused investment vehicle. Burnaby, British Columbia-based Sunco Foods is known for making nut-based butters, snacks and value-add food ingredients as well as importing processing and distributing organic and naturally sourced nuts, […]
By Gerelyn Terzo, Global AgInvesting Media Japanese brokerage giant Daiwa Securities Group has set its sights on investment and lending opportunities in Australia’s agriculture industry. According to a Bloomberg report, the Japanese bank is considering Australian ag as part of a broader expansion push into the country’s property and renewable energy sectors. Daiwa is targeting […]
By Lynda Kiernan-Stone, Global AgInvesting Media Italy’s Orsero SpA, a leading importer and distributor of fresh fruit and vegetables in Mediterranean Europe, has signed a strategic partnership with Cercchia Holding, represented by Matteo and Luca Molari, specialists in varietal selection and the propagation of berries, to form Frutti di Gil Srl, a joint venture in […]
By Lynda Kiernan-Stone, Global AgInvesting Media AgDevCo is deepening its ties with Agris, the agriculture division of investment company Maris, by making an investment that ensures them a significant minority position in the company. Founded in 2020, Agris has three operating companies: Evergreen Fresh, Evergreen Herbs, and Evergreen Avocados, and this capital commitment will help […]
By Lynda Kiernan-Stone, Global AgInvesting Media Peoples Company announced it has acquired the Atkins Group’s Farmland Management portfolio comprising holdings totaling 14,000 acres of farmland, and will consequently be opening an office in Urbana, Illinois, after years of sustainable growth in the region. “The Champaign-Urbana area has some of the richest farmland in the country, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Agriculture & Natural Solutions Acquisition – a special purpose acquisition company (SPAC) backed by Riverstone Investment Group and Impact Ag Partners – has listed on the NASDAQ at a valuation of $300 million after offering 30 million units at a $10 per unit price point. Trading began on November […]
By Lynda Kiernan-Stone, Global AgInvesting Media With expectations of fetching in the mid-A$30 million range, the iconic Emu Creek station in Petford, Australia, is on the market for the first time in 155 years. Emu Creek was originally acquired in 1868 by George Robert Gill for one pound per acre (the minimum price for rural […]
By Lynda Kiernan-Stone, Global AgInvesting Media Oxley Capital Partners has been retained by a consortium of pig farming families to manage the sale of Riverbend Pork Group – one of the largest pork producers in Eastern Australia – through an offering given the name Project Fork. Structured as a corporate advisory and investment firm, Sydney-based […]
By Lynda Kiernan-Stone, Global AgInvesting Media The struggling cotton industry in Australia’s far north on the Ord River Irrigation Area (the Ord) is finally seeing an organized effort to advance, thanks to a complex web of partnerships, fundraisings, and investments. Back in September, Naomi Cotton Limited (Naomi) announced its agreement with Kimberley Cotton Company (KCC) […]
