Deals

The American university’s endowment is selling further assets after offloading almond and cotton farms to Hancock Agricultural Investment Group earlier this year.

The Diversified Agriculture Fund will deploy approximately A$25m across three foundation assets and will move to an open-end structure to continue raising capital.

The investment is Tenacious’s first outside Australia and the second overall from its inaugural fund, which closed in Q1 2020.

The food-focused subsidiary of Saudi Arabia’s $300bn Public Investment Fund increased its 20% stake in Minerva Foods it purchased in 2016 to 33.8%.

ADQ is also among several potential investors into the Louis Dreyfus Company and acquired a 50% stake in multinational agribusiness Al Dahra Holding Company in May.

Weyerhaeuser acknowledges in a regulatory filing that fire had reached its Oregon properties and its chief executive will provide an update this week.

Director Joseph Van Wingerden says a desire to grow crops closer to population centers is among factors producing increased rents and investor interest in Virginia, Maryland, New Jersey and Pennsylvania farmland.

The Cibus Enterprise Fund has taken an 11.7% stake in Saga Robotic as head of VC Alastair Cooper predicts a 'revolution' in farming robotics.

CO2 GRO says much of the world’s circa 45 billion square feet of greenhouse space already contains irrigation equipment that is compatible with the company’s CO2 delivery systems.

Lion Dairy & Drinks is Australia’s second-largest milk processor but the proposed sale did not include any farmland, an area of concern during previously blocked Chinese takeover bids.