Schwartz says the genetics, breeding and licensing segment of the food and ag value chain is made up of ‘fundamentally important and good businesses’.
Blue Road typically makes investments worth $75m or more to secure its favored controlling or influential minority positions.
Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.
Aqua Capital says it established Biotrop in 2017, instead of entering the market via an acquisition, due to a lack of reasonably priced companies with market presence and proprietary technology.
The sale represents Cibus Capital’s first exit of a wholly owned portfolio company from the $322m Cibus Fund I.
Climate Asset Management has acquired a Queensland asset used for sugar cane production, which it will convert to a more biodiverse macadamia orchard.
The Sydney-based private equity firm will invest in Pace Farm through its Premium Food Fund, which is the vehicle’s sixth investment.
Sunshine Farms Aggregation was a seed asset for the AAM Diversified Agriculture Fund, with AAM selling as it shifts focus to the north.
The acquisition of Jemalong continues the expansion of Lawson Grains’ portfolio, with co-investor AIMCo keen to continue building out its Australian farmland assets.
The deal means a partial realization of Paine Schwartz’s 2019 investment into Special New Fruit Licensing.