By Lynda Kiernan-Stone, Global AgInvesting Media Norway’s Mowi ASA, the largest salmon farmer and producer of Atlantic salmon in the world, has made an offer of 13.8 billion kroner (US$1.55 billion) to acquire rival NTS ASA. Mowi alone meets 20 percent of the global demand for farm-raised Atlantic salmon. The company has 12,000 employees, and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Saskatchewan-based oil company Federated Co-operatives Limited (FCL) has made multiple announcements touching upon its commitment to cut its greenhouse gases by 40 percent by 2030, and to reach net-zero emissions by 2050. Bringing together transportation fuel and agriculture, FCL is investing $2 billion for the construction of an Integrated […]
Photo credit: Oxley Capital Partners By Lynda Kiernan-Stone, Global AgInvesting Media It was on August 23 that GAI News shared that Ben Craw, managing director of Sydney-based Oxley Capital Partners, had been tasked by a European family office with the divestment of the ‘THF Portfolio’ – a 21,900-hectare (54,117-acre) beef cattle and irrigated fodder aggregation […]
By Lynda Kiernan-Stone, Global AgInvesting Media Already a dominating presence in the global beef, poultry, pork, and lamb categories, and despite having a hand in trading seafood in select markets through its Seara subsidiary, JBS announced in August of this year a deal that marks the first foray into direct seafood production for this São Paulo-based […]
By Lynda Kiernan-Stone, Global AgInvesting Media It’s official. Louis Dreyfus Company (LDC) has completed the sale of a 45 percent stake in the closely held company to Abu Dhabi’s largest holding company ADQ, marking the first time LDC has opened itself up to a non-family stakeholder in its 170-year history. Financial details of the agreement were […]
By Lynda Kiernan-Stone, Global AgInvesting Media Miranda Downs hasn’t been on the market long. Stanbroke Pastoral Co. owners, the Menegazzo family, placed the property on the market in April with the window for expressions of interest closing on June 3. Located in Normanton, Queensland, Miranda Downs is noted as being exceptional. “Miranda is quality northern […]
By Lynda Kiernan, Global AgInvesting Media California-based agriculture and food company Terviva announced it has raised $54 million in funding to develop and commercialize new-to-market sustainable culinary oil and plant protein from the pongamia tree. Before the close of this quarter, the company expects to raise an additional $24 million in equity and debt capital, […]
By Lynda Kiernan, Global AgInvesting Media Ag investment firm Farmers Gate (founded by Dan Fabian, formerly with Blue Road, Stephen Smith, formerly with Harvard, and Thaddeus Tracy, formerly of Teays River) has partnered with family-owned agribusiness Red Dog Management, and grower, marketer, and distributor Oppy on the formation of New Wave Berry, LLC, a joint […]
By Lynda Kiernan, Global AgInvesting Media Weren’t we just here discussing Louis Dreyfus Company’s move to sell out of its sugar holdings? Well, now another of the global ABCD-giants is following suit. Cargill is exiting sugar trading, and has agreed to sell its 50 percent stake in Alvean, the largest sugar company in the world, […]
By Lynda Kiernan, Global AgInvesting Media It was one year ago, in March 2020, that GAI News first shared news about LIVEKINDLY Collective, a new plant-based food platform launched by a consortium of founders, entrepreneurs, and global industry leaders with a mission to transform the global food system. Now, LIVEKINDLY announced it has raised $200 […]
