By Lynda Kiernan-Stone, Global AgInvesting Media While many startups claiming to make animal-free cheeses use starches, soy, or nuts to mimic the texture and characteristics of traditional cheese, New Culture is pioneering a new method of combining traditional cheesemaking methods with fermentation and food science to create the first animal-free cheese that stretches and bubbles […]
By Lynda Kiernan-Stone, Global AgInvesting Media Future Planet Capital, a global impact and innovation investment group, has acquired Milltrust Agricultural Investments through a transaction that also included the acquisition of financial consulting firm RT Capital. Under the mandate of “Sustainable Prosperity”, Milltrust International is a specialist investment group co-headquartered in London and Singapore offering a range […]
By Lynda Kiernan-Stone, Global AgInvesting Media CVC Capital Partners Fund VIII has agreed to acquire Unilever’s global tea business, ekaterra, for €4.5 billion (US$5.04 billion) through a cash-free, debt-free deal. With a network of 25 offices throughout Europe, Asia, and the U.S., and $125 billion in AUM, CVC stands as a leading global private equity […]
By Lynda Kiernan-Stone, Global AgInvesting Media JBS, the largest protein company in the world, has entered the cultivated protein space and has agreed to acquire Spain-based BioTech Foods. Along with the acquisition, the company unveiled plans to build a new plant for BioTech Foods in Spain to scale up production, along with its plans to […]
By Lynda Kiernan-Stone, Global AgInvesting Media As many categories within the global food system have been severely negatively affected by COVID-19, a steady increase in popularity of Latin America and Asian cuisines in Western countries has buoyed the hot pepper sauce market. The global hot sauce market reached a value of $4.3 billion last year, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Farmers Business Network (FBN), the pioneering direct-to-farm and farmer-to-farmer tech platform, announced a $300 million Series G led by Fidelity Management & Research Company. Also participating in this round, which earned the company a valuation of $4 billion, were LN Mittal Family Office, ADM Ventures Investment Corp., Nolle Capital […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment group Caisse de dépôt et placement du Québec (CDPQ) and The Westervelt Company announced the creation of a new strategic partnership and the acquisition of 76,000 acres of high-quality pine timberland in Georgia from family-owned Superior Pine Products. Founded by Herbert Westervelt in 1884 and headquartered in […]
By Lynda Kiernan-Stone, Global AgInvesting Media Top agricultural cooperative GROWMARK, and leading farmer-owned global agribusiness CHS announced the launch of Cooperative Ventures, a $50 million capital fund designed to back advancements in breakthrough technologies for the agricultural industry. The partners will be equals in the venture, which will be established as its own independent legal […]
By Lynda Kiernan-Stone, Global AgInvesting Media Gladstone Land is making a name for itself in the blueberry category, completing its fifth blueberry or blueberry-adjacent deal this year. The company’s latest announcement details its acquisition of 230 gross acres of farmland, including 175 acres of blueberry bushes and a fresh packing and shipping facility near Homerville, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Wheatsheaf Group, the investment unit of the UK’s Grosvenor Estate and international investor in food and agtech, announced a new partnership model that will carry the investor through its next phase of growth and evolution, and with it, a new identity as Grosvenor Food & AgTech. Created nearly 10 […]
By Lynda Kiernan-Stone, Global AgInvesting Media Farmland Partners (FPI) announced it has acquired 100 percent of Murray Wise Associates (MWA) through a deal valued at $8 million, creating an unparalleled platform for farmland investing. FPI is an internally managed real estate investment trust (REIT) that owns and seeks out high-quality farmland in North America, and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment company Temasek announced the launch of the Asia Sustainable Foods Platform – a new vehicle focusing on addressing the challenges of scaling up production of alternative proteins, and accelerating the growth of sustainable foods in Asia. Together with the government Agency for Science, Technology, and Research’s (A*STAR’s) […]
