Homestead Capital Expands Permanent Crop Holdings
Homestead Capital USA announced it has completed the acquisition of Sage Creek Vineyard – a 105-acre vineyard in Chiles Valley of Napa County, California planted in Cabernet Sauvignon Blanc, and smaller acreage blocks of other red Bordeaux varieties of grapes. Founded in 2012, California and Iowa-based Homestead Capital USA LLC is a priva
Read moreGreenSpace Brands Agrees to Acquire Canadian Organic Juice Maker
GreenSpace Brands announced it has agreed to acquire Canadian organic juice company, Nothing But Nature, for a total consideration of between $8.88 and $9.88 million. Founded in Ontario in 2005, Nothing But Nature is owner of the Kiju Juice brand, and is a distributor and seller of a range of organic juices throughout the Canadian and U.S.
Read moreInvestors Return to Back the Fitbit of Farm Equipment
Farmobile, a farm data company, is taking strategic steps toward an expansion in the United States and internationally in 2017. A recent partnership with farm equipment manufacturer AGCO Corp bookmarked by visits to both the debt and equity capital markets will help to facilitate that growth. The Overland Park, Kansas-based startup’s chie
Read moreComparing Today’s Farming Downturn to the 1980s
Farmers in 2016 suffered a major blow to their bottom line, pressured by everything from persistently low commodity prices to a stronger dollar. Farmer incomes in 2016 fell by double-digits, marking the third straight year of declines, according to the United States Department of Agriculture (USDA). Net farm income is forecast to revisit 20
Read moreU.S. Role in Cuban Ag in Flux Amid Trump Presidency
In a few short weeks Fidel Castro’s death and the ascension of Donald Trump to the U.S. presidency brought the relationship between the U.S. and Cuba back into the spotlight, throwing a curve ball to U.S. businesses seeking to gain a foothold in Cuba’s agriculture production. With a single tweet made on Nov. 28, a couple of weeks after
Read moreJapan’s Sumitomo to Acquire a Leading Fruit Distributor for $794M
Japan’s Sumitomo Corp. has agreed to acquire Dublin-based Fyffes Plc, one of the world’s top fruit distributors, through its wholly owned subsidiary, Swordus Ireland Holding Limited, for €751 million (US$794 million) in cash. Fyffes is the top banana importer in the EU, however, it also markets pineapples, mushrooms, and melons, and i
Read moreWhy Australia’s QIC Entered Agriculture
Leading Australia Investment Manager Queensland Investment Corporation (QIC) has wasted no time making its presence felt in the agricultural sector with its recent landmark acquisition of an 80 percent stake in one of Australia’s oldest and largest agricultural enterprises, North Australian Pastoral Company (NAP), a transaction estimated to
Read moreInteresting Times for Ag Investing: How Agtech is Transforming the Sector
Agribusiness is a young asset class. Back in 2002, when Pampa Capital started fund raising to invest in this sector, Ag Investing was on nobody’s radar. Today it is a relevant class given the surge in commodity prices, its negative correlation to inflation and growing concerns about food production and water usage in the context of current d
Read moreGAI Europe: A Compelling Case for Investing in Australian Agriculture
LONDON, 7 November 2016– It’s no wonder institutional investors are keen on agricultural opportunities in Australia with its combination of low geopolitical risk, innovative R&D and available scale. At the annual Global AgInvesting (GAI) Europe, 5-7 December 2016 at The Landmark London, leading investment strategists from Hancock Agric
Read moreMilltrust International Launches British Innovation Fund
Today, London and Singapore-based Milltrust International announced the launch of the British Innovation Fund, a new initiative to direct much needed international and domestic institutional capital into the UK University originated venture sector to commercialize world-leading IP, with a strong focus on agri science and technology. “Recent
Read more