Cargill Targets Wholesome Food Production with Acquisition of Diamond V
Cargill announced it has agreed to acquire Iowa-based Diamond V, a leading global producer of natural animal feed additives for an undisclosed amount. Established 75 years ago in Cedar Rapids, Iowa,...
View ArticleTen Pivotal Agtech Advances
From the AgTech Week issue of GAI Gazette, read about the critical advancements that brought about modern agriculture – including the plow, drip irrigation, biotechnology and everything in between....
View ArticleTPG Growth Leads Series A-2 for Ag Data Analysis Provider
TPG Growth, the middle market and growth equity platform launched by alternative asset firm TPG, announced it has led a Series A-2 round for Gro Intelligence – an agricultural data analytics business...
View ArticleOmnivore Partners Aiming for January 2018 Close of $90M Fund
India-based agtech firm Omnivore Partners is expecting to see a close of half of its $90 million fund in November, and to see a final close by January of next year. Co-founded by Mark Kahn and Jinesh...
View ArticleFortissimo Capital Takes $4M Stake in Tech Seed Breeder
Israeli private equity fund Fortissimo Capital has committed $4 million to the third funding round raised by Israel-based high-tech seed breeding startup Equinom. This investment marks the first...
View ArticleADM Capital’s Cibus Fund Acquires Leading European Olive Oil Producer; 5,000...
ADM Capital Europe LLP announced that its Cibus Fund has acquired a majority stake in Olivos Naturales (Innoliva), one of the largest European producers of extra virgin olive oil, for an undisclosed...
View ArticleSouthern Pastures Acquires Significant Stake in Top NZ Dairy Company
Southern Pastures, the largest institutional farmland fund in New Zealand, has acquired a 25 percent stake in premium New Zealand dairy brand, Lewis Road Creamery – making Southern Pastures a...
View ArticleAqua-Spark Broadens Investment Scope with Two Aqua-Tech Investments
Dutch, pure-play sustainable aquaculture investment fund Aqua-Spark has made two investments that broaden its reach into technologies that have the potential to reduce the use of antibiotics in animal...
View ArticleThe Ground Floor: An Exclusive Conversation with Quang Truong, CEO of Evaptainer
by Michelle Pelletier Marshall When a business trio – one with a world view of agribusiness, one with a passion for starting new companies, and one with a focus on stewardship of the natural world –...
View ArticleFarmobile Eyes Greater Reach After Raising $18M Series B
Farm data company Farmobile announced an $18.1 million Series B round including Anterra Capital, AmTrust Agricultural Insurance Company, and additional existing investors. This round follows a $5.5...
View ArticleCargill Acquires First Animal Feed Company in Brazil
Only days after Cargill announced its agreement to acquire Iowa-based Diamond V – a leading global producer of natural animal feed additives, the company has announced its entrance into the Brazilian...
View ArticleAlcohol Giant Constellation Enters Marijuana Space with $191M Deal
Constellation Brands, the $42 billion name behind such consumer favorites as Corona and Modelo beers and Svedka vodka, has agreed to acquire a 10 percent stake in Canada’s Canopy Growth Corporation –...
View ArticleAeroFarms Adds High-Profile Investors to Round Out $40M Series D
Indoor vertical farming startup AeroFarms announced the final closing of its Series D at $40 million with the addition of IKEA; chef David Chang, who is also the founder of Momofuku Group; and retired...
View ArticleHormel Makes Largest Acquisition Ever with $850M Deal
Hormel Foods Corp. announced its largest acquisition to date, paying Arbor Investments $850 million for premium deli meat and salami company Columbus Manufacturing Inc. This deal is the third for...
View ArticleCanada’s Saputo Acquires Australia’s Second Biggest Dairy Processor in...
Canada’s biggest cheese producer, Saputo Inc., announced that it has entered into an agreement to acquire Murray Goulburn – the second largest dairy processor in Australia for A$1.31 billion (C$1.29...
View ArticleCeres Imaging Raises Additional $2.5M in Series A Funding
Oakland, California-based Ceres Imaging, an ag-focused aerial spectral imaging and analytics startup, has secured an additional $2.5 million in Series A funding from Romulus Capital, bringing the total...
View ArticleDevonshire Capital Acquires Majority of Ruchi Soya for US$601M
Private equity firm Devonshire Capital has agreed to acquire a 51 percent majority stake in edible oil producer Ruchi Soya for Rs 4,000 cr (US$601 million) which will be paid through a series of...
View ArticleSupply Chain Tech Company FoodLogiQ Raises $4.25M Series B
FoodLogiQ, a leading provider of food chain traceability and transparency solutions, has secured $4.25 million in Series B funding from Vancouver-based social impact VC firm, Renewal Funds. “Renewal’s...
View ArticleSyngenta Acquires South American NIdera Seed Business from COFCO
Global Swiss agribusiness Syngenta announced it has agreed to acquire Nidera Seeds – the South American seed business owned by China’s state-owned COFCO International – for an undisclosed amount. Plans...
View ArticleStarbucks Divests Tazo Tea to Unilever for $384M
Unilever announced it has agreed to acquire leading specialty tea brand Tazo Tea, including its intellectual property, related recipes, and inventory from Starbucks for $384 million. Launched in 1994,...
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