By Lynda Kiernan-Stone, Global AgInvesting Media Global meat giant JBS is expanding into the fish protein sector, and has agreed to acquire Huon Aquaculture, the second largest salmon producer in Australia, for A$425 million (US$313.5 million). Already a dominating presence in the global beef, poultry, pork, and lamb categories, and despite having a hand in […]
By Lynda Kiernan-Stone, Global AgInvesting Media Land-based aquaculture company AquaBounty Technologies announced it has chosen Pioneer, Ohio, as the location of its planned $200 million large-scale farm for the production of its proprietary genetically engineered salmon. “AquaBounty’s decision to choose Ohio for its first large-scale aquaculture facility is more evidence that Ohio is emerging from […]
By Lynda Kiernan-Stone, Global AgInvesting Media Brendon Gibson and Neale Jackson of Calibre Partners – the Receivers of FFWL, the parent company of New Zealand winery Villa Maria Estate – have signed a conditional agreement to sell 100 percent of Villa Maria Estates to Indevin, New Zealand’s largest contract winemaker. Although financial details of the […]
By Lynda Kiernan-Stone, Global AgInvesting Media PepsiCo has announced it has entered an agreement with PAI Partners (PAI) to sell select North American juice brands, including Tropicana and Naked, along with an irrevocable option to acquire certain juice businesses in Europe, through a deal valued at $3.3 billion. PepsiCo will retain a 39 percent non-controlling […]
By Michelle Pelletier Marshall, Global AgInvesting Media Mark Peart has done a lot of things in his career – aerial- mustering, logistics, property, and aviation, as well as being a self-proclaimed “serial entrepreneur” who has started 20 businesses – and all of it has prepared him for his role as founder and CEO of DIT […]
By Lynda Kiernan-Stone, Global AgInvesting Media The dairy-free category has been at the tip of the spear for the plant-based dietary shift. However, vegan cheese has proven particularly difficult to formulate – thanks to the challenge of replicating casein – the protein that gives cheese all those characteristics that humans love. Nobell Foods, however, is […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global investment company Proterra Investment Partners is divesting its Australian farm portfolio – the Corinella Group Pty Ltd consisting of 49 farms across southeastern Australia – with expectations of fetching A$350 million (US$256.8 million). Encompassing more than 22,500 hectares (55,599 acres), the bulk of the assets are grain growing […]
photo credit: NovoNutrients By Lynda Kiernan-Stone, Global AgInvesting Media Hong Kong-based Happiness Capital led $4.7 million in funding for NovoNutrients, an alternative proteins company using industrial carbon dioxide emissions, inexpensive hydrogen, and naturally occurring microbes to make high-grade protein for human and animal consumption. This round also included new investors E2JDJ and Marinya Capital, and […]
By Lynda Kiernan-Stone, Global AgInvesting Media Timberland Investment Resources Europe (TIR Europe) announced it has successfully closed its Forestry Fund II with $200 million in capital commitments. TIR Europe is an affiliate of Timber Investment Resources LLC (TIR), which has AUM of $1.65 billion (835,961 acres) as of March 31, 2021. With an executive leadership […]
By Lynda Kiernan-Stone, Global AgInvesting Media Mexico’s Bimbo Group and the ICL Group have joined existing investors in Protera’s Series A round to bring the round to a final close at $10 million. Co-founded in 2015 by company CEO Leonardo Álvarez and company COO Francia Navarrete, Protera understands that the hard work that has gone […]
By Lynda Kiernan-Stone, Global AgInvesting Media UK-based social impact and sub-Saharan-focused investor AgDevCo announced its latest investment of $3 million in Quinta da Bela Vista Limitada (QBV) – an irrigated banana estate in Mozambique’s Boane area. As a specialist investor in African agriculture, AgDevCo envisions a thriving ag sector benefitting both people and planet. The […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global alternative investment leader AXA IM Alts announced it has agreed to acquire 24,000 hectares (59,305 acres) of Australian forest and the associated forest management business from investment funds advised by U.S.-based Global Forest Partners LP (GFP) through a deal valued at approximately $775 million. This acquisition of the […]
