The Arlon portfolio company cites ‘recent events in our industry’, which a regional competitor suggests likely refers to Amazon’s acquisition of Whole Foods in August.
The $141bn pension has bought a Canadian mussels producer after a 36-month examination of the sector, OTPP portfolio manager Stephan McLennan tells Agri Investor.
Pure Harvest has just received what it bills as the region’s largest seed investment in sustainable agri. We spoke with the UAE start-up’s CEO to assess the market’s prospects.
We canvassed the market to understand what motivated the $258bn pension’s mammoth sale, which marked a turn in a strategy underpinned by what some describe as a ‘very aggressive’ deployment target.
The investment into Cloverleaf is understood to be the firm’s first since identifying cold storage as a strategic opportunity about a year ago.
Lyons Magnus is partly owned by members of the family that founded Wawona Packing, the fresh produce packaging company that Paine supported in May.
The $258bn Canadian pension sold the chunk in a single sale during the previous quarter, in a move a source says may not reflect a decision to leave the asset class entirely.
The open-ended Buy & Lease vehicle, which was launched last year and is backed by the Berkshire Pension Fund, is eyeing IRRs of 12%.
The AMERRA Capital Management-backed company continues assembling its organic grains and oils supply chain as Rabobank reports that domestic supply is “struggling to catch up” with demand.
The UK-focused firm, which specializes in “relatively undermanaged” companies, is largely backed by US endowments and European funds of funds.