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Ferrero’s Agri Australis Plants 1 Million Hazelnut Trees on Farm in NSW for Nutella Supply

As part of a $70 million investment, Agri Australis, the Australian arm of the Ferraro Group – the third biggest chocolate and confectionary company in the world – has planted 1 million hazelnut trees on farmland near Narrandera, New South Wales, Australia. Founded in Italy in 1946 by Pietro Ferrero, family-owned Ferraro is the world’s […]

Symrise Opens $57M Natural Food Ingredient Facility in U.S.

In a move to reinforce its pioneering role and further expansion plans in the U.S., Symrise AG has opened a high-quality, natural food ingredients facility in Georgia, and launched a Code of Nature taste platform. The company invested 50 million euros (US$57 million) in the site. Symrise, headquartered in Holzminden, Germany, is the fourth largest […]

Australia’s Largest Blood Orange Orchard Up for Sale

Redbelly Citrus in New South Wales, Australia, is placing the country’s largest blood orange citrus orchard on the market with expectations of A$3.5 million. Owned by the Mancini family, the 40-hectare operation is divided between two farms consisting of 24,600 trees planted on 24 hectares. There are an additional 6.7 hectares suitable for further planting. […]

U.S. Agreements with Mexico, Canada Replace NAFTA, Create USMCA

After a year of uncertainty, two agreements between the U.S. and its neighbors to the north and south reached within a month of each other, have replaced the long-standing North American Free Trade Agreement (NAFTA). Following 24 years operating under an established trade agreement that many saw as stale, and weathering the fallout amid an […]

Privateer Holdings Sees $12B Windfall Through Tilray Stake

Privateer Holdings is the first private equity firm to invest exclusively in legal cannabis. The company has raised more than $200 million in private capital to invest in the legal cannabis industry, and presently, has four different brands in its portfolio and employs more than 500 professionals on the ground in seven countries spanning four […]

Mission Produce Developing First Domestic Avocado Farm in China

U.S.-based Mission Produce is developing its first domestic avocado farm in China. Mr. Avocado, the first branded avocado on the Chinese market launched by U.S.-based Mission Produce with Chinese importer, Lantao, and Chinese fruit retailer, Pagoda, announced the launch of the farming operation. Located in Yunnan in the southwest of the country, the farming project […]

GAI Gazette Executive Profile: Aidan Connolly, Alltech Chief Innovation Officer & VP

Alltech, headquartered in Kentucky, is the only privately held and family-owned business among the top 10 animal health companies in the world. The leading company has more than 4,700 employees and 77 production facilities across the globe as well as three bioscience centers, all working toward fostering trading relationships in 128 countries. The company is […]

Macquarie Eyes Expansion, Announces the Hiring of Two Former CPPIB Execs

Macquarie Infrastructure and Real Assets (MIRA) announced two new hires in support of the geographical expansion of its agricultural management funds business. Growing steadily since 2007 to become one of Australia’s largest diversified farmers, MIRA is a dedicated global manager of agricultural businesses with more than US$1 billion in investor commitments and 4.5 million hectares […]

Homestead Capital Makes High-Profile Strategic Double Hire

Homestead Capital, a U.S.-based private equity farmland investment and operating firm, has announced two high-profile strategic additions to their leadership team. Patrick Trainor has been named Homestead’s new Vice President and Head of Acquisitions, and Kyle Jacobs has been appointed as Vice President of Due Diligence. Prior to this appointment with Homestead, Trainor served as […]

GAI News – Looking Forward and Back: Top 10 Stories of 2017

Hello Readers, Do you feel the same as me? That each year passes more rapidly than the last? As the final days of 2017 approach, there is an innate desire to simultaneously look back upon the meaningful developments of the past 12 months, and to look forward to the exciting possibilities that await us in […]