IFC acquires Washington apple companies amid active market

Washington agronomist Stu Turner tells Agri Investor that a large apple crop in 2017 has helped financial investors play an increasingly active role in the state’s farmland market.

The Nature Conservancy and Tiverton partner on ‘largest’ Australian conservation deal

The Nature Conservancy has partnered with a local ag manager to acquire the properties for A$55m in NSW.

Arable continues irrigation roll-up

Addition of US Irrigation to the WSIB-backed firm’s Laurel Agriculture + Water Solutions platform could be designed to bring in recurring rental revenue, says source.

Aqua backs Brazil biologicals company with $30m

Managing partner Sebastian Popik tells Agri Investor that intense competition in Brazil’s biologicals market inspired the firm to build their own company before buying a stake in Total Biotechnologia.

Equilibrium unit buys US greenhouse for $11.3m

Senior principal Tom Amis tells Agri Investor that Revol Greens, the seller in the sale/leaseback transaction, has seen a spike in demand for greenhouse-grown produce following a recent E. coli outbreak traced to California lettuce.

Fonterra sells livestock division to Carrfields as strategic review continues

The sale is the latest move in an ongoing review following the announcement of the cooperative’s first ever annual loss in September 2018.

PSP joint venture buys 41,000-acre Hawaii property

A market source tells Agri Investor the creation of the diversified Mahi Pono joint venture reflects the C$159bn pension’s strategy to develop between 20 and 25 platforms across agricultural regions and sub-sectors.

CPC divestment continues with sale of three cattle stations to Vietnamese group

The Australian company, owned by Terra Firma, further sells down its portfolio in the $97m deal with the little-known investor.

SOL Global pays €1.8m for 25% stake in medical cannabis firm GreenLight

The US-focused company has an option to increase its share to 51% in the Irish firm as it positions itself for growth in European markets.

AAM Investment Group buys Australian property to create mega prawn farm

Aquaculture firm Seafarms Group novated its option to buy Legune Station in the Northern Territory to AAM but signed a lease to continue developing Project Sea Dragon.

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