Southern Harvest Acquires 2,700 Hectares in Romania
Southern Harvest has increased its Romanian farmland holdings by nearly 50% and intends to continue to farm the land organically.
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Sigma Investments and Egyptian Gov’t to Launch First Ag Commodities Bourse in ME
Jordan-based Sigma Investments and EgyptÍs government will launch the first ag-focused commodities bourse in the Middle East.
Romania’s InterAgro Companies Declared Insolvent
Two of RomaniaÍs largest agribusinesses are declared insolvent as their billionaire owner is convicted of bribery.
Traceability: A Mandate Creates Opportunity for Tech Start-up
New technology addresses the Food Safety Modernization Act’s requirements for traceability back to the farms where produce is grown.
Mahindra Group Restructuring Agribusiness Units Into Single Entity
IndiaÍs Mahindra Group announced that it is consolidating its agribusinesses under a single entity _ Mahindra ShubhLabh Services Ltd.
Associated British Foods in Talks for Full Ownership of Africa’s Biggest Sugar Producer
Associated British Foods is in talks to gain full control of AfricaÍs largest sugar producer, Illovo, in a deal worth US$254M.
PE Firm, HKW Acquires Panos Brands; High Road Capital Exits
High Road Capital has executed its fifth exit, selling PANOS Brands to Hammond, Kennedy, Whitney & Co. for an undisclosed amount.
Canada and Ukraine to Ratify Free Trade Agreement
Canada and Ukraine have announced that the two countries will ratify the Canada-Ukraine Free Trade Agreement this year.
Egypt’s Arabian Food Industries Co. Planning March IPO
As socio-economic stability is re-established in Egypt, its food and beverage sector is garnering increased investor interest.
Controlled Environment Agriculture: Breaking Barrier for National Fresh Brands
Fresh produce demand and new agtech are creating fertile ground for controlled environment ag as a player in the American food system.