The acquisition will facilitate the company’s growth in the animal-health sector.
The wealth management firm has made Danish agriculture its sole target, taking advantage of low pricing and strong profits in the country's agricultural sector.
The project, partly financed through the group's own Summit Brazil Renewables Fund I, will gain cost advantages from its location in the country’s interior.
The acquisition of a pistachio property adds diversity to the REIT’s portfolio, said its chief executive.
The vertical farming business plans to expand into China, to access a health-savvy middle class amid food security concerns.
The investment in the commodity processor follows Glencore’s aquisition of Canadian grain handler Viterra in 2012, and values Glencore Agri at $6.25bn.
The company said its lack of scale in Brazil’s ethanol market drove the decision to sell off the production facilities and sugar plantation.
The vehicle has attracted $950m of commitments to date, and is set to close on its debut investment.
The Savola Group-backed sugar refinery company will use the equity investment to remain competitive against state-owned companies.
Pulmuone Holding’s California subsidiary plans to use Vitasoy USA’s infrastructure to scale up its line of all-natural food brands.
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