Bunge announced that Mark Zenuk, managing director of Tillridge Global Agribusiness Partners, is joining the company’s Board of Directors effective July 17. Prior to his position with Tillridge, which he held since 2016, Zenuk was managing director with NGP Energy Capital Management where between the years 2010 and 2016 he headed up the company’s agribusiness […]
Despite being for sale, Consolidated Pastoral Company (CPC), one of the largest cattle producers in Australia, is diversifying its operations through expansion into crop production in the northern region of the country. Rumors of Consolidated Pastoral Company being up for sale have been flying since November of 2014, and following news at the end of […]
Hassad Food, a vehicle owned by Qatar Investment Authority, the Qatari sovereign wealth fund, announced its decision to sell its entire South Australia farming operations and another property in New South Wales that collectively total more than 10,000 hectares of prime cropping farmland. Being sold is the Glendale aggregation in Clare, South Australia – a […]
The Canada Pension Plan Investment Board (CPPIB) has declared it will pull back from farmland investments after pushback from local farmers has sparked a strategic reversal. And after conducting a review of operations, is open to the notion of selling its existing farmland portfolio, unnamed sources told Reuters. CPPIB was relatively late in joining other […]
Indian Conglomerate, Mahindra Group, is courting private equity players as it plans to sell a 33 percent stake in its agri unit, Mahindra Agri Solutions Ltd (MASL). The sale of the stake is being pursued with the target of raising Rs 300 cr (US$44 million) to accelerate the growth of the group’s argri unit through […]
Gay Lea Foods Co-operative Ltd. announced it will be making a record investment of $140 million over the next four years to transform Canada’s dairy sector. Formed in Mississauga, Ontario in 1958, the Gay Lea dairy cooperative has grown to become the largest dairy cooperative in Ontario representing 4,000 members operating 1,300 farms and producing […]
Cannabis-based investment firms like Seattle-based Privateer, which raised $40 million in convertible bonds just days before the election, have been working to build up war chests prior to a vote that could legalize marijuana in nearly an additional 20 percent of U.S. states. However, investors have been reticent to commit capital without the results of […]
The $14 billion New Hope Group, the largest agribusiness conglomerate in China, opened its first office in Australia last week and has announced the group’s plans to invest $1 billion in Australia’s agricultural, food processing and real estate development sectors in the next three years. As part of its strategic goals, the group has also named […]
Victor Osle, global head of wheat trading at COFCO, and Matt Halsall, head of corn trading at the group, have left their positions with COFCO in Geneva, Switzerland to join the newly launched agricultural trading unit with Stamford, Connecticut-based Freepoint Commodities. Freepoint Commodities, which has been a serious player in trading oil, gas, power, and […]
International agriculture and food investment firm, AGR Partners is moving its headquarters to Davis, California in order to gain an advantage of proximity to the food and agriculture hub surrounding the University of California Davis, reports the Sacramento Business Journal. AGR managing partner, Ejnar Knudsen told the Sacramento Business Journal that a relocation to Davis […]
