By Lynda Kiernan-Stone, Global AgInvesting Media Food and consumer industry-focused private equity firm PAI Partners has entered into an agreement with IFF to acquire its Savory Solutions Group through a deal valuing the business at approximately $900 million. Focusing primarily on ingredients for prepared foods and foodservice, the IFF Savory Solutions Group includes several business […]
By Lynda Kiernan-Stone, Global AgInvesting Media I just learned something really interesting. The human brain has us convinced that when we enjoy a food or beverage it’s due to what we are tasting. But in reality, only 25 percent of that joy is related to taste, the other 75 percent of that experience is due […]
By Lynda Kiernan-Stone, Global AgInvesting Media While still in its relatively early stages, the emergence and growth in demand for plant-based foods continues to grow. Increasing consumer awareness about protein content in their diets, paired with a desire to limit animal-based proteins due to personal health and animal welfare concerns, has led to a surge […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sustainable food tech innovator Benson Hill is streamlining its business, having announced its agreement to divest its Fresh business unit in a two-part deal for an aggregate sale price of $21 million. Founded in 2012, Benson Hill leverages Cloud Biology®, or the combination of data science, machine learning, AI […]
By Lynda Kiernan-Stone, Global AgInvesting Media Precision fermentation is really not a new technology. For decades it has been used for very specific applications, such as the production of insulin. However, barriers having to do with the costs associated with development of the technology and production have bottlenecked growth – until recently. In 1978, Arthur […]
By Lynda Kiernan-Stone, Global AgInvesting Media BNP Paribas Asset Management (BNPP AM), the investment arm of leading European banking group BNP Paribas, announced the acquisition of a majority stake in natural resource investment specialist International Woodland Company (IWC). Established in 1991 and headquartered in Copenhagen, Denmark, IWC Group is a leader in natural resource investment […]
By Lynda Kiernan-Stone, Global AgInvesting Media Japan’s Asahi Group Holdings has launched Asahi Group Beverages & Innovation, an investment management company headquartered in San Francisco, California, for the establishment of a startup investment fund, Asahi Group Beverages & Innovation Fund. Beginning in January 2023, the fund will seek to make minority investments in U.S. startups […]
By Lynda Kiernan-Stone, Global AgInvesting Media Sound Agriculture, a developer of nature-based biochemical solutions that enable agriculture to adapt faster to climate change while producing healthier, more sustainable foods, announced the close of a $75 million Series D led by new investors BMO Impact Investment Fund and Chan Zuckerburg Initiative. Also participating in this round, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Eion offers farmers a scientifically backed, permanent, cost-effective, scaleable, and nature-based solution for carbon removal – the use of pulverized minerals to absorb carbon from ambient air. Called CarbonLock™, Eion’s technology is what the company calls a “shovel-ready climate-smart solution for U.S. agriculture and its farmers” – a business […]
photo credit: Centuria Capital By Lynda Kiernan-Stone, Global AgInvesting Media Centuria Capital Group has acquired Sundrop Farms, one of the largest glasshouse operations in South Australia, through its Centuria Agriculture Fund (CAF) for A$70 million. The acquisition was made through an off-market agreement with the vendor, Morrison & Co. Growth Infrastructure Fund. This acquisition marks […]
By Lynda Kiernan-Stone, Global AgInvesting Media Novozymes and Chr. Hansen have agreed to a statutory merger that will result in a global biological solutions giant with annual revenue of approximately EUR 3.5 billion (US$3.7 billion). This deal will unite two strategically complementary biosolutions companies into a venture that will unleash the full potential of the […]
photo courtesy: Mad Capital By Lynda Kiernan-Stone, Global AgInvesting Media Years of preparation went into the launch of speciality impact-focused finance company Mad Capital in the summer of 2022. Brandon Welch, co-founder and CEO of Mad Capital, explained to GAI News that in 2019, the team identified a gap in conventional banking – a general […]
