The Deprez Family now owns more than 50% of Greenyard, a long-time private equity favorite with a market capitalization of more than €970m.
The deal with Mexican plastics company Mexichem marks an exit for Permira IV, which invested €800m in Netafim in 2011.
GMO will remain an investor in funds run by the subsidiary, which manages $2.1bn of agricultural land.
Paine Schwartz Partners’ UK-based portfolio company’s acquisition adds about 100 local farmers to its network of suppliers.
Riverside Lobster International president David Deveau tells Agri Investor that the he expects Champlain will use the company as its platform to build a larger position in the Canadian seafood industry.
The Google-backed alternative meat company recently launched its first large-scale production facility and received a US patent for its plant-based meat technology.
The venture-backed New Zealand agtech company will offer up to 40 million shares at A$0.20 each before listing on the Australian stock exchange on August 31st.
Tokyo-headquartered Otsuka Pharmaceutical says that after the $325m deal is finalized, the plant-based cheese alternative supplier will become a pillar of its nutraceuticals business.
The development is the first stage of the Chinese company’s plans for a 10,000 hectare agri development on Carlton Plains, which it acquired from Terra Firma-owned Consolidated Pastoral Company last year.
The acquisition is the fourth since 2011 for OK Foods, an Arkansas-based subsidiary of Mexican poultry processor Industrias Bachoco.
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