Deals

The feed mill is the fund’s fourth asset and the first since the purchase of three foundation assets, all of which have been acquired via sale-and-leaseback arrangements.

The firm was also granted a seat on the Simple Love’s board as its continues to make inroads into the Asia food sector through its third flagship food fund.

The sale of Auscott, which attracted interest from a wide range of buyers globally, shows how large the pool of potential buyers for large-scale ag assets has become.

PSP has made another significant investment in Australian agriculture through its purchase of Auscott, adding to its acquisitions of BFB and Webster in 2019.

Founder Matt Crisp says the plant-based protein supply chain has been the natural ‘proving ground’ for the company’s data and analytics platform, which can also support future food system trends.

Post covid-19 challenges faced by small wineries in a market undergoing structural change were highlighted in a recent Rabobank report.

OTPP’s AustOn will manage the new entity, known as Pomona Valley, with input from the current owners of the orchards.

The aggregation of seven dairy farms in Victoria is in the ‘top echelon’ of Australian dairy producers, a source says.

Managing director Chris Sun says improving food safety conditions and the influence of key opinion leaders on China’s consumers help make the company’s direct-to-consumer model especially attractive.

The sub-Saharan forestry investor has been steadily divesting its 2010 vehicle and has raised $115m for a successor fund, which reached its final close in April 2020.