Thai Union Buys Remaining 18% of Tri-Union for $46M
Thai Union announced it has agreed to acquire the remaining 18 percent stake it does not already own in Tri-Union Frozen Products, which trades as Chicken of the Sea Frozen Foods (COSFF), from...
View ArticleJust Eat Launches Food Tech Accelerator, Building Corporate Ventures Team
Britain-based food delivery giant, Just Eat, has announced the launch of its first Food Tech Accelerator program. The 10-week program, which will begin in November, will be accepting five early-stage...
View ArticleFood Tech Startup InnerChef Raises $2.5M
InnerChef, a Gurgaon-based food tech startup that delivers both ready-to-cook and ready-to-eat meals, has raised $2.5 million in a Series A led by the Japanese early stage fund, Mistletoe, and...
View ArticleWilmar Established Sugar JV with Brazil’s Raizen
Singapore’s Wilmar International announced the formation of Raizen and Wilmar Sugar Pte Ltd. (RAW), a new 50:50 joint venture launched in partnership between Raizen Energia S.A., Brazil’s top sugar and...
View ArticleAzerbaijan, UAE to Establish Joint Investment Fund
Dashgin Shikarov, the Azerbaijani ambassador to the UAE announced on October 4 that Azerbaijan and the UAE have reached a preliminary agreement to launch a joint investment fund for the establishment...
View ArticleHouston Municipal Commits $20M to Tillridge Global Agribusiness Partners II
The Houston Municipal Employees Pension System (HMEPS) has committed $20 million to Tillridge Global Agribusiness Partners II. Tillridge Global Agribusiness Partners is an agribusiness private equity...
View ArticleBridges Sustainable Growth Fund III Invests in Plant-Based Food Supplier
The Bridges Sustainable Growth Fund III (SGF III) managed by London-based Bridges Ventures, has invested £5.6 million (US$7 million) to acquire a majority stake in Vegetarian Express (VE) – a specialty...
View ArticleGrey Mountain Partners Acquires Mediterranean Food Manufacturer
Private equity firm, Grey Mountain Partners has acquired Illinois-based Mediterranean food manufacturer and distributor, Kronos Foods, through its third fund for an undisclosed amount. Founded in 1975...
View ArticleHomestead Lifts Target for Fund II from $350M to $400M
Homestead Capital filed an amendment today to their Fund II documents with the Securities and Exchange Commission (SEC) lifting the size of the raise from an original targeted corpus of $350 million to...
View ArticleChinese Ag Giant Plans $1B Australian Investment, Opens Sydney Headquarters
The $14 billion New Hope Group, the largest agribusiness conglomerate in China, opened its first office in Australia last week and has announced the group’s plans to invest $1 billion in Australia’s...
View ArticleAxiom Foods Expands into India to Produce Rice Bran Oil
Axiom Foods, the first and largest producer of hypoallergenic whole grain brown rice products in the world, is expanding its global footprint into India where it will manufacture hexane and...
View ArticleChina Ag Readies Reform Amid $450B Commitment
China’s agriculture industry is on the cusp of a sea change, evidenced by a recent multi-billion dollar commitment to the region’s rural farmland. The Agriculture Development Bank of China and the...
View ArticleShipping Containers to Revolutionize Fresh Food Production
Australian ag-tech startup Sprout Stack is preparing to open its second round of capital in a bid to raise further funding prior to commercializing its automated fresh food production units in early...
View ArticleGina Rinehart, China’s Shanghai CRED Make Joint Bid for S. Kidman
When it comes to the long, drawn-out prospective sale of Australia’s S. Kidman cattle empire, it feels like a scenario of ‘the music goes on but the song remains the same’. However, the tide may be...
View ArticleInfra Capital Myanmar to Sell Two Agricultural Projects by Year End
Infra Capital Myanmar (ICM) announced it plans to develop two agricultural projects – a rice processing plant and a waste-to-feed facility – that will be ready for sale to private investors by the end...
View ArticleA Shifting Market: Tyson Invests in Meat Alternative Startup, Beyond Meat
Tyson Foods, the company whose very name is synonymous with the meat industry, is the first key meat company to invest in a meat alternative startup that is aiming to reduce meat production and...
View ArticleDole Acquires Fruit Orchards, Packing Facilities in Chile
Dole Food Company announced it has acquired TucFrut Farms and packing facilities located in Molina and Linares, Chile for an undisclosed amount. The property which is located 140 miles south of...
View ArticleNestlé to Triple Infant Formula Output with Addition of Mexico Factory
Nestlé has officially opened its newest infant formula factory in Jalisco, Mexico which is expected to triple the company’s production. The company invested $245 million to see the 600,000 square meter...
View ArticleTPG to Float Inghams Poultry Group, AustralianSuper Pre-Commits $150M
Australia is about to see its first poultry company float on the stock exchange in decades. U.S.-based private equity firm, TPG Capital Management is set to list Inghams Group, Australia’s largest...
View ArticleKellogg Co. Acquires Brazilian Food Company for $430M
Kellogg Co. announced it has agreed to acquire a majority stake in the privately held Brazilian food group, Parati, a maker of biscuits, powdered beverages, and pastas for 1.3 billion reais (US$428...
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