The investment in Phoon Huat comes a year after SCPE ploughed $52m into restaurant chain Crystal Jade Group Holdings.
The firm's first fund is now 80 percent invested, having bought a series of agribusinesses companies and consolidated them.
The World Bank is financing a $125m programme to increase high value crop production in Sri Lanka.
The seed and agrochemicals corporation acquired an equity stake in TargetGene and will use protein-expression technology from Nomad Bioscience in new agri products as it looks to access new technologies.
The agricultural seeds corporation has posted a decline in profits, but as it looks at consolidation options it says it sees early signs of an upswing in global agricultural markets.
The €310 million sale was unaffected by ‘Brexit’, but there will be a lasting slowdown in the wider M&A market, the firm said.
KKR has invested in an ecological solutions provider on the back of a growing mitigation banking sector in the US.
The company will use $20m from two separate funding deals to develop its big data satellite imagery analysis tools for agriculture and other sectors.
Oregon biowaste and biomass business Pacific Ag will use the raise to acquire its regional competitor, Calagri.
The transaction is the fifth acquisition for the sorghum specialist, which is also backed by GE Capital, BP Alternative Energy and the Malaysian Life Sciences Capital Fund.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination