Thailand’s CP Foods Acquires Stake in Polish Poultry Group for $51.5M
Thailand’s Charoen Pokphand Foods Plc (CP Foods) announced it has agreed to acquire a 33 percent stake in Polish poultry group, SuperDrob for $51.5 million. Established 23 years ago, family-run...
View ArticleAAC Capital Acquires Yarrah Organic Pet Food; Vendis Capital Exits
Vendis Capital announced it has sold its stake in Yarrah Organic Pet Food to AAC Capital, which has acquired the stake in partnership with the Yarrah management team led by CEO Basvan Tongeren. AAC...
View ArticleEIB Providing €50M to Polish Dairy Co-op Mlekpol
The European Investment Bank (EIB) is lending €50 million (US$53 million) to Mlekpol, Poland’s largest dairy manufacturer under the European Fund for Strategic Investments (EFSI) – a key component of...
View ArticleMontreal-Based Ag Biotech Chief Talks Equity, Expansion and Exits
Montreal-based Inocucor received the green light from Canadian regulators in recent weeks to register a pair of biological products, Synergro and Synergro Free. The approvals come even as the company...
View ArticleSOSV Closes Fund III at $150M
SOSV, “the accelerator VC” – a venture capital firm that is a little different in that it owns and operates its own portfolio of accelerators, announced that it has closed its third fund at $150...
View ArticleMengniu Dairy Making $1B Move to Acquire Largest Dairy Herd in China
China Mengniu Dairy Company Limited is moving to secure 91 percent control of China Modern Dairy – the largest dairy farming company by herd size and the largest producer of raw milk in China, through...
View ArticleGreen Acre Capital Launches New Cannabis Focused PE Fund
Toronto-based Green Acre Capital, a private equity firm focused on investments in the Canadian medical and recreational cannabis industry, has announced the launch of Green Acre Capital Fund I – a new...
View ArticleCITIC, Carlyle Group Acquires McDonald’s China, Hong Kong Business for $2.08B
Chinese state-backed conglomerate, CITIC Ltd. and private equity firm, Carlyle Group have acquired an 80 percent stake in McDonald’s mainland China and Hong Kong business for US$2.08 billion. Under the...
View ArticleBRF, Qatar Sovereign Wealth Fund, Acquire Turkish Poultry Group in $470M Deal
BRF SA, Brazil’s largest meatpacker, and Qatar’s sovereign wealth fund have acquired Banvit, the largest poultry producer in Turkey in a deal that values the company at $470 million. Under the terms of...
View ArticleMidwestern Dairy Farmers Hunting Margin Could Spur M&A
The past couple of years have delivered blockbuster deals in the agriculture sector, however, consolidation is not limited to only the major players. In recent weeks, dairy cooperatives Prairie Farms...
View ArticleFarmLogs Raises $22M In Series C
FarmLogs, an Ann Arbor, Michigan-based farm data management platform provider, has raised $22 million in a Series C led by new investor, Naspers Ventures, and including Drive Capital, Huron River...
View ArticleCéréa Capital Completes Double Closing Totaling €425M
Céréa Capital, a Paris-based equity firm focused on raising, managing, and advising funds involved in buy-outs and mezzanine and debt financing in the agribusiness sector, has completed a double...
View ArticlePE Firm, Moringa SICAR SCA, Invests in Leading Cashew Processor in Benin
Moringa SICAR SCA, an €84 million (US$89 million) investment vehicle initiated by Edmond de Rothschild Private Equity and ONF International to invest in high impact agroforestry projects in sub-Saharan...
View ArticleKellogg’s VC Unit Makes Maiden Investment in Moringa-Based Food Startup Kuli...
Eighteen94, the venture capital unit of Kellogg’s, announced its first investment, taking the lead in a $4.25 million Series A for Kuli Kuli, a manufacturer and distributor of moringa-based bars,...
View ArticleMahindra Group Shopping Out Minority Stake in Agri Unit to PEs
Indian Conglomerate, Mahindra Group, is courting private equity players as it plans to sell a 33 percent stake in its agri unit, Mahindra Agri Solutions Ltd (MASL). The sale of the stake is being...
View ArticleGladstone Land Makes Largest Land Deal in Company History
At the beginning of January, Gladstone Land President and CEO David Gladstone stated that the company had a large-scale deal in the pipeline that would be announced before the end of the month – and so...
View ArticleClean-Tech Startup Raising Series B to Detox Farm Production
Thymox, a clean technology company dedicated to animal health, crop protection, and environmental disinfecting, is determined to replace “bad chemicals” used in agriculture with non-toxic and...
View ArticleLouis Dreyfus, Amaggi Group Sell Stake in JV to Japan’s Zen-Noh
Brazil’s Amaggi Group and Louis Dreyfus Co. announced that they have agreed to sell a 33 percent stake in their existing Brazilian joint venture to Japan’s Zen-Noh Grain Brazil, making Zen-Noh an equal...
View Article301 Inc. Returns to Lead $6M Series D for Rhythm Superfoods
Rhythm® Superfoods, maker of organic and non-GMO plant-based snacks, announced it has closed on a $6 million Series D led by General Mills’ venture capital unit, 301 Inc., and including the CircleUp...
View ArticleOffshore Aquaculture Operation, Catalina Sea Ranch, Closes on $2M Round
California-based offshore aquaculture startup Catalina Sea Ranch announced it has closed on a $2 million round of financing from unnamed investors. Located at Terminal Island in the Port of Los...
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