AMERRA Capital Management Divests Bluefin Tuna Rancher Baja Aqua-Farms
December 4, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media An investor consortium comprising Continental Grain Company (Conti), publicly listed, Mexican food and beverage-focused holding company Organización Cultiba SAB de CV (Cultiba), and private equity firms Equity Group Investments (EGI) and Castle Harlan, have made an investment in Baja Aqua-F
Read moreProtein Industries Canada Backs Three Companies Partnering to Advance Plant-Based Salmon
November 30, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Protein Industries Canada is one of five Global Innovation Clusters that since 2018 has invested or co-invested nearly CAD$500 million (US$368.50 million) in innovations relating to plant-based foods, feed, and ingredients. In February 2023, the initiative received an additional CAD$150
Read moreINVL Baltic Sea Growth Fund Acquires Galinta Group
November 30, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Here’s something we don’t speak of often - buckwheat. Did you know that buckwheat is not a form of wheat? And is, in fact, not a grain, or even a grass, but a type of seed (called a “groat” - simply meaning a hulled seed) harvested from plants that are related to rhubarb? I didn
Read moreAIMCo and New Agriculture Agree to Acquire 2.9M Ha. Kimberly Cattle Portfolio
November 30, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Alberta Investment Management Corporation (AIMCo) and its investment partner New Agriculture have agreed to acquire the 2.9 million-hectares (7.2 million-acre) Kimberley Cattle Portfolio that was placed on the market earlier this fall through a listing managed by LAWD. Financial details of t
Read moreHancock Agriculture Boosts Wagyu Business With Split Rock Dairy Acquisition
November 28, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media In May 2023, Hancock Agriculture acquired Moolan Downs and Ottley Station from Packhorse Pastoral for approximately A$80 million (US$52 million), as part of a wider restructuring of the group’s portfolio and focus as it looks to expand its Wagyu beef operations. Hancock Agriculture expl
Read moreTômTex Lifts Seed Funding to $4.15M for Shrimp and Mushroom-Based Biomaterials
November 28, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Basing its name on tôm, the Vietnamese word for shrimp, Brooklyn, New York-based TômTex is working to simultaneously address the issues surrounding waste in both the food and textile industries with one sustainable, affordable solution. Founder Uyen Tran, a trained designer born a
Read moreAqua-Spark Leads $1.7M Funding for Aquarech, Kenya’s First Fish Farming Platform
November 27, 2023
photo credit: Aquarech By Lynda Kiernan-Stone, Global AgInvesting Media By 2050 the population of the Sub-Saharan region is expected to double from 1 to 2 billion people. This explosive increase will lead to fish demand that dwarfs what we see today – with forecasts of demand increasing from 10 million metric tons per year today to be
Read moreJoint Venture Affiance Limited to Transform Tobacco Farms in Malawi into Large-Scale Stevia Farm
November 27, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Affiance Limited, a joint venture formed between Press Agriculture Limited - a company owned by Press Trust Limited - and the MGT Trust Australia, has reportedly secured significant funding to transform existing tobacco farms in southern Malawi into the country’s largest Stevia farm.
Read moreJapan’s Mitsui Invests in Egyptian Integrated Poultry Business Wadi Poultry
November 27, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media Japan’s Mitsui & Co. Ltd. (Mitsui) has agreed to invest in Wadi Poultry, an Egyptian integrated poultry business encompassing the production of breeding chickens, the production and processing of broilers, the manufacturing of processed foods, the sale and distribution of these product
Read moreThe Duckhorn Portfolio Agrees to Acquire Chardonnay Producer Sonoma-Cutrer in $400M Deal
November 21, 2023
By Lynda Kiernan-Stone, Global AgInvesting Media M&A in the U.S. luxury wine market is having a moment - activity that is reflective of expectations for the global sector. From a value of $229.4 billion in 2021, global luxury wines and spirits are forecasted to grow at a CAGR of 6.2 percent from 2022 - 2031 to land at a value of $414.8
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