Sino Agro Food, Inc. to Divest Aquaculture Operations
Sino Agro Food, Inc. (SIAF), a leading producer, processor, and marketer of protein foods in the People’s Republic of China, has announced plans for three to four divestitures, the first of which would form a new aquaculture company from the company’s existing aquaculture operations. In Q2 2015 SIAF’s holdings to be transf
Read moreNomad Completes Acquisition of Findus Group’s European Businesses from PE-Backed LionGem
Nomad Foods Limited (Nomad) announced it has successfully completed the £500 million acquisition of Findus Sverige AB and its subsidiaries from LionGem Sweden 1 AB, which is backed by investors including Lion Capital LLP, Highbridge Principal Strategies, and Sankaty Advisors. The deal gives Nomad control of Findus Group
Read moreUpdate: GreenSoil’s Agtech Fund Makes First Investments
In June of this year, Global AgInvesting’s Sarah Day Levesque interviewed GreenSoil Investments co-founder and managing partner, Gideon Soesman about the firm’s capital raise for the first close on its third ag and food tech fund. Click here to read the interview in its entirety. The fund has since made its first
Read moreLariat Partners’ Northern Seed Buys Grain Business from Syngenta
Denver-based Lariat Partners announced that its specialty agriculture business, Butte, Montana-based Northern Seed LLC is expanding its reach in the grain space with the acquisition of Syngenta’s triticale grain program. Grown primarily as animal feed, triticale is a cross between wheat and rye, and is key in solving the need for fora
Read moreU.S. Investors Surpass Chinese in New Zealand Dairy Land Purchases
U.S. investors surpassed Chinese investors, buying the most New Zealand dairy land in 2013 and 2014. Over the two years, through five separate transactions, U.S. investors bought 15,404 hectares of dairy land at a total cost of $78.9 million. However, over the same time period New Zealand’s Overseas Investment Office (I
Read moreChange Capital Partners and Beaton Family Sell Macduff Shellfish Group for £98.4M
In one of the largest private company sales in Scotland’s recent history, Clearwater Seafood announced it has reached an agreement with Change Capital Partners and the Beaton Family to acquire Macduff Shellfish Group Ltd. in its entirety for £94.4 million plus £4 million in seasonal working capital debt for a total £
Read moreChina’s Yuanda Enterprise Group Announces $180M Investment in Smart Irrigation
Last year, China’s Yuanda Enterprise Group acquired a 54% stake in Israeli agtech irrigation and fertilizer startup, AutoAgronom, for $20 million, and now the company is investing US$180 million to expand the startup. Founded in 1988, AutoAgronom Israel Ltd. manufacturs smart irrigation and fertilizer systems
Read moreHeineken Launches $172 Million JV in Ivory Coast
The African beer market is booming. In March of this year, a new report issued by Canadean stated that Africa is the fastest growing beer market in the world with an annual growth rate of 5% between 2013 and 2017 - surpassing both Asia and Latin America, which are expected to see growth rates of 4% and 3%, respectively, over the same period.
Read moreMcDonalds India to Double Outlets with US$113 Million Investment
McDonald's India is planning to invest US$113 million to intensify operations and double its number of restaurants in the western and southern regions of the country. McDonalds, which was the first quick service restaurant to enter the Indian market two decades ago, plans to add an additional 250 restaurants to its curren
Read moreMitsubishi Corp. to Take Strategic Stake in Olam International
As growth slows in Japan, cash-rich Japanese companies are looking to outside markets for investment opportunities. Toward this end, Japanese conglomerate, Mitsubishi Corp. has announced it will take a strategic stake in Singapore-listed commodities trader, Olam International Ltd. in a deal worth US$1.1 billion. Under the terms of
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