By Gerelyn Terzo, Global AgInvesting Media Australian agriculture investment manager Warakirri Asset Management, which oversees approximately A$3 billion (US$1.9 billion) in assets under management, is expanding its influence. Warakirri has announced the launch of a new Australian and New Zealand dairy strategy amid the planned introduction of a dairy fund for which it is targeting […]
By Lynda Kiernan-Stone, Global AgInvesting Media Vinci Partners Investments, a Brazil-based company in control of a leading alternative investment platform, announced it has agreed to acquire MAV Capital, an alternative asset manager with approximately R$550 million (US$105.6 million) in AUM focused on the Brazilian agribusiness space. Although financial details were not disclosed, the transaction, which […]
By Lynda Kiernan-Stone, Global AgInvesting Media Over the past month, Cargill has made a series of announcements detailing the investments it is making in the U.S. Pacific Northwest, Australia, and Brazil to expand and enhance its grains, oilseed, and feed business. The company’s most recent disclosure outlines its plans to build a new animal feed […]
By Lynda Kiernan-Stone, Global AgInvesting Media The Saudi Agricultural and Livestock Investment Company (SALIC), a wholly owned subsidiary of Public Investment Fund of the Kingdom of Saudi Arabia, has acquired a 34.5 percent stake in Olam Agri, a wholly owned subsidiary of Olam Group Limited (OGL) focusing on the trade and processing of grains, oilseeds, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Agrinam Acquisition Corporation (Agrinam) will be seeking out prospective qualified acquisitions after filing a preliminary prospectus on January 21, 2022 with the securities regulatory authorities in every province in Canada (except Quebec) for a $150 million IPO. However, if the greenshoe option (an over allotment option) is fully exercised, […]
By Lynda Kiernan, Global AgInvesting Media Food and beverage giant Danone SA has finalized the sale of its 9.8 percent stake in China Mengniu Dairy Co., a leading Chinese manufacturer and distributor of dairy products, in a deal valued at $1.98 billion based on Mengniu Dairy’s market capitalization of approximately 166 billion Hong Kong dollars […]
By Lynda Kiernan Since 1980, global consumption of salmon has more than tripled as demand for protein also climbs. And as wild stocks grow more depleted, salmon farming is stepping in to bridge the gap between market demand and production, with expectations that the market volume will grow at a CAGR of 3.9 percent between […]
By Lynda Kiernan “I believe that in a decade we will look back on the Beyond Meat initial public offering (IPO) and appreciate the enormity of this event in shaping the direction of the Food and Agribusiness industry.” This was the opening line of a recent article entitled, Consumers and Investors Embrace Plant Based […]
In a speech delivered January 17, UK Prime Minister, Theresa May announced that the UK will quit the EU Single Market of 500 million consumers upon its exiting the EU. This announcement reflects the UK’s dedicated course to pursue a 12-point plan designed to drive a “hard Brexit,” and a divestment from the world’s largest […]
