Wallenford Sold to AIC Int’l in J$4 billion (US$39.5 million) Deal
The Development Bank of Jamaica announced Wallenford Coffee Co. has been sold to AIC International Investments Ltd. for US$39.5 million
The Development Bank of Jamaica announced Wallenford Coffee Co. has been sold to AIC International Investments Ltd. for US$39.5 million
Australian cooperative giant CBH has established an office in Portland OR to buy North American grain for its customers in Asia.
The U.S. Department of Agriculture estimates that Brazil will harvest 88.0 million tons of soybeans Ð 3 million tons more than the U.S.
Russia-based agricultural investment company Irrico plans to have 40,000 hectares in its portfolio by mid-2014.
Between 2008-2013 revenues for the poultry farming sector in China have grown 7.7% annually on average to reach $75.3 billion.
Advent International and CDIB Capital have acquired a major equity position in International Coffee & Tea LLC.
Tea sales in the U.S. reached $15.7 billion in 2012 and are expected to increase to $18 billion in the next two year.
IndonesiaÕs government approved the plan to buy 1 million hectares of farmland in Australia to secure cheaper imports.
The EU Parliament voted to fix a 6% limit on the use of crop-based biofuels used for ground transportation.
The Chinese Investment Corp. and Fonterra are proposing to buy Tasmanian Van DiemenÕs Land for US$200 million.
Inner Mongolia Yili International Group has invested USD50 million in Huishan Dairy Holdings just prior to HuishanÕs $1.3 billion IPO.
Deere & Co. will be investing $40 million to upgrade its factory in Montenegro, Brazil to produce its line of 8R tractors.