Deals

The combined company has two facilities in the US with a further five to follow, along with &ever’s established presence in Germany, Singapore and Kuwait.

The listed company has made a $23m profit on the asset, with the majority of the sale proceeds earmarked to pay down existing debt.

Head of timberland investments Tom Sarno says the firm has recently added a director of acquisitions for South America and plans to expand across Brazil, Chile, Uruguay and elsewhere.

The $4bn climate impact venture BeyondNetZero's first deal sees it investing in an agricultural strategy to reduce food miles alongside parent General Atlantic and Blue Earth Capital.

The asset will be managed to pursue an impact-first approach and should be able to deliver competitive returns, says chief sustainability officer Brian Kernohan.

A collection of five properties being sold by European family office THF comes with significant water allocations that could allow for a change in land use.

The French private equity firm is a longstanding investor in food and beverage companies and counts drinks bottling company Refresco as one of its portfolio companies.

Astanor partner Hendrik Van Asbroeck says the investment marks ‘the beginning of a strategic partnership to help v2food expand into the European market.’

The value of Australian farmland grew for the seventh consecutive year in 2020, as the median price per hectare increased by 12.9% to reach A$5,907.

Specialty Sales, which provides products and services to help prevent hoof disease among dairy farm herds, is set to become a $10m-plus EBITDA platform.