By Lynda Kiernan-Stone, Global AgInvesting Media Louis Dreyfus Company Asia Pte. Ltd. (LDC) has entered into an agreement with Longriver Farms, an associated entity of Roc Partners, for the acquisition of Emerald Grain – a leading grain handler in Australia – for an undisclosed sum. Longriver Farms came into ownership of Emerald in late 2020, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Global cannabinoid leader Aurora Cannabis announced it has acquired a majority stake in Bevo Farms, one of the largest suppliers of propagated vegetables and ornamental plants in North America, for C$45 million (US$33.4 million). Under the terms of the deal, over the three years following the closing, an additional […]
By Lynda Kiernan-Stone, Global AgInvesting Media Although there is admittedly still much we don’t know about the connection and interaction between our genes and the foods we eat, personalized nutrition, and by proxy, functional foods and beverages, have been noted as being some of the key drivers in the evolution of the food industry. Perhaps […]
By Lynda Kiernan-Stone, Global AgInvesting Media Ste. Michelle Wine Estates, the largest winery in the Pacific Northwest and third largest premium winery in the U.S., has made its first major acquisition since being acquired last year by private equity house Sycamore Partners Management for $1.2 billion in cash. Ste. Michelle dominates the Washington wine industry, […]
By Lynda Kiernan-Stone, Global AgInvesting Media Michael Tai, a key team member of Motif FoodWorks who headed up the development and scale up of the key ingredient heme in his role as head of Bioprocess, has left to launch Boston Bioworks – a new startup with the mission to advance fermentation processes and scale-up services […]
By Lynda Kiernan-Stone, Global AgInvesting Media India is a top global producer of many agricultural products, ranking second in fruit and vegetable production only to China, producing 102.48 metric tons of fruit and 200.45 metric tons of vegetables according to the Ministry of Commerce & Industry, Government of India. It also is a young, high-energy […]
By Lynda Kiernan-Stone, Global AgInvesting Media Calgary-based Veripath Farmland Partners’ (Veripath) R fund has made its second acquisition in as many months, acquiring an additional 1,600 acres of farmland in Alberta to bring total acres under management to 95,000. Launched in mid-2020 amid a global pandemic, Veripath has rapidly grown, operating on the conviction that […]
By Michelle Pelletier Marshall, Women in Agribusiness (WIA) Media NOTE: This interview first appeared in our sister publication, WIA Today. Two experienced and knowledgeable professionals from Manulife Investment Management’s agriculture business—Danielle Harris, regional acquisitions manager, and Molly Thurman, water resources manager—operate literally in the field and on the farm. Manulife Investment Management is the world’s […]
By Lynda Kiernan-Stone, Global AgInvesting Media PeakBridge Growth Fund II S.C.A. SICAV-RAIF (SFDR 9) has successfully completed its first close at approximately €100 million (US$100.2 million), and has begun deploying capital, making two initial investments in Netherlands-based Rival Foods, and France-based Standing Ovation. This food tech fund was the result of a partnership between Edmond […]
By Lynda Kiernan-Stone, Global AgInvesting Media In what the companies are calling an “unprecedented and unique opportunity to expand regen ag at scale”, PepsiCo and Archer Daniels Midland (ADM) announced a groundbreaking 7.5-year strategic commercial partnership to collaborate on projects working to significantly expand regenerative agriculture across their shared North American supply chains. This undertaking […]
By Lynda Kiernan-Stone, Global AgInvesting Media Leading vertical farming pioneer Plenty announced it has secured 120 acres of land near Richmond, Virginia, where it will invest $300 million over the next six years to build the largest, most advanced indoor vertical farming campus in the world. Moving for the first time beyond the U.S. West […]
By Lynda Kiernan-Stone, Global AgInvesting Media UK-based Quilter Investors launched the Quilter Investors Timber Equity Fund as a sub-advised mandate within its WealthSelect Managed Portfolio Service. Managed by Pictet Asset Management, the platform will support sustainable forestry companies producing wood-based materials, or companies in the timber value chain that provide biodegradable alternatives to plastics, concrete, […]
