By Lynda Kiernan, Global AgInvesting Media In a deal marking the biggest evolutionary step in North American railways since 1996 when CSX merged with Conrail, Canadian Pacific (CP) and Kansas City Southern (KCS) announced their agreement to merge, creating the first rail network to connect the U.S., Mexico, and Canada. The combination has already received […]
By Lynda Kiernan, Global AgInvesting Media Amid a recent uptick in high-profile Australian holdings being put on the market, this may be the biggest. Macquarie Bank has decided to sell Lawson Grains – a 105,000-hectare (260,000-acre) corporate grain and oilseed farming venture with properties across New South Wales and Western Australia. The marketing campaign, which […]
By Lynda Kiernan, Global AgInvesting Media Global alternative asset manager Macquarie Infrastructure and Real Assets (MIRA) announced that one of its managed agricultural funds has proffered a cash offer of A$300 million for Australian REIT Vitalharvest Freehold Trust (VTF). This offer comes less than six months after property fund manager Primewest acquired an 11.8 percent […]
By Lynda Kiernan, Global AgInvesting Media Australian agricultural land and water asset investor, developer, and manager, Alterra Limited, announced that it has completed a A$1.72 million placement with Emanuel Exports and Sandon Capital Investments Ltd. The funds secured by Alterra will be used as working capital to complete feasibility studies and advance Phase I plantings […]
By Lynda Kiernan, Global AgInvesting Media Gladstone Land’s latest deal brings the investor into a new U.S. region for the company with the announcement of the acquisition of 939 gross acres of farmland in Maryland’s Eastern Shore and Delaware for approximately $7.4 million. The land will be used to grow vegetables and sod, and in connection with […]
By Lynda Kiernan, Global AgInvesting Media Royal DSM of the Netherlands has partnered with Avril Group, France’s fourth largest agro-industrial group, to launch Olatein, a new joint venture to produce canola proteins for the global plant-based market. This venture is in direct response to growing global demand. As the global population continues to grow, and […]
By Lynda Kiernan, Global AgInvesting Media John and Kate McLoughlin are looking to divest Roxborough Downs and Mudgerebar Station in the north-west region of Queensland in a $40 million deal. The McLoughlins acquired Roxborough Downs from NAPCO more than 10 years ago, and added Mudgerebar a number of years later, according to Commercial Real Estate. […]
By Lynda Kiernan A $200 million founders’ funding round backed by founders, entrepreneurs, and global industry leaders has been announced to launch LIVEKINDLY, a new plant-based food platform dedicated to transforming the global food system through shifts toward plant-based eating. With this capital, and a goal to become one of the largest plant-based companies in […]
By Lynda Kiernan Billionaire chairman of the National Commercial Bank (NCB) Financial Group Michael Lee-Chin has acquired 3,000 acres in St. Catherine, Jamaica, and is leading an investor group in backing a major agricultural project on the site. The ‘mega-farm’ will be located on land formerly a part of the Innswood Sugar Estates, and will […]
By Lynda Kiernan Global commodity giant Louis Dreyfus Company (LDC) announced a partnership with China’s Donlink Group to develop fish farming and plant-based bioenergy operations through a joint venture in China. Under the agreement, the partners will create a food industry park in proximity to the southern port of Nansha in China that will call […]
