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Deal Tracking|News

Having Gained Court Approval, U.S. Sugar Plans to Close on Imperial Sugar, Begin Upgrades

By Lynda Kiernan-Stone, Global AgInvesting Media It was in March 2021 when Louis Dreyfus Company (LDC) agreed to sell the business and related assets of Imperial Sugar Company to Clewiston, Florida-based U.S. Sugar for $315 million.  Founded in 1843 in Sugar Land, Texas, (which in 1959 based its name on the company), Imperial Sugar is […]

Walhallow Aggregation Back on the Market After A$250M Deal Falls Through

By Lynda Kiernan-Stone, Global AgInvesting Media News broke in early August that billionaire Brett Blundy had agreed to sell the Walhallow aggregation in the Northern Territory to a Sydney-based asset manager in a record-smashing deal for A$250 million (US$172.36 million).   At the time, it was noted that if the deal, which is being managed by […]

Well, How ‘Bout That… Walmart Acquires Minority Stake in Sustainable Beef

By Lynda Kiernan-Stone, Global AgInvesting Media On August 26 I wrote an article titled The Shifting Landscape of U.S. Meat Processing in which I outlined the long history of consolidation in the industry, eventually resulting in a market dominated by only four major meat packers – Cargill, JBS USA, Tyson, and National Beef Packing.  This […]

Acquisition of 1,389 Acres Makes Legacy Group Portfolio Company Largest Coffee Grower in Colombia

By Lynda Kiernan-Stone, Global AgInvesting Media The Green Coffee Company (GCC), a Legacy Group portfolio company, announced its acquisition of 1,389 acres of coffee farmland in Colombia to become the largest coffee producer in the country. Coffee cultivation began in Colombia in the mid-1830s, becoming its main export crop throughout the 20th century. Today, the […]

Regenerative Ag Company Wide Open Agriculture to Supply Lupine Protein to Monde Nissin Australia

photo credit: Wide Open Agriculture By Lynda Kiernan-Stone, Global AgInvesting Media Wide Open Agriculture, Australia’s leading ASX-listed regenerative food and agriculture company, has entered into an agreement with Monde Nissin Australia (MNA), the owner of multiple popular food brands including Nudie, Black Swan, Peckish, and Wattle Valley, and the distributor of Quorn, a top plant-based […]

Duckhorn Acquires 265-Acre Vineyard in Paso Robles

By Lynda Kiernan-Stone, Global AgInvesting Media Wine may not be the market powerhouse it was a few decades ago, but the industry came off a good year in 2021, according to the State of the Wine Industry Report 2022 issued by Silicon Valley Bank (SVB) Wine Division. And despite the understanding that COVID-19 will continue […]

Hancock Ag Sells Riveren and Inverway Stations to Hughes Pastoral

By Lynda Kiernan-Stone, Global AgInvesting Media In March 2021, Hancock Agriculture, the second largest producer of beef in Australia, and its joint venture partner S. Kidman and Co. appointed Elders to market a portfolio of seven of its Northern Australia beef production assets.  This move led to more than 1.8 million hectares (about 4.5 million acres) […]

Paine Schwartz-Backed AM Fresh Partners with Rio Blanco on Mexico Grape JV

By Lynda Kiernan-Stone, Global AgInvesting Media AM FRESH Group and leading Chilean table grape producer and exporter RIO BLANCO announced the formation of Terramara Fresh, a joint venture to develop innovative table grape varieties produced in a sustainable way in Mexico.  It was in October 2019 when sustainable food chain investor Paine Schwartz announced its […]

AcreTrader Expands Series B to More Than $60M With Addition of Drive Capital

By Lynda Kiernan-Stone, Global AgInvesting Media It was only in January of this year that AcreTrader announced it had raised $40 million through a Series B to fuel its strategic expansion. Little more than two months later, the company is back in the news, having expanded its latest funding round to be oversubscribed at more […]