The purchase of the fresh and frozen seafood supplier follows Premium Brands' $20.3 million acquisition of Island City Baking and its affiliate Conte Foods earlier this month.
The indoor, multi-level farming company from Bible Hill, Nova Scotia said the funding will help scale its GoodLeaf Farms brand as well as expand its additional product offerings and global reach.
The acquisition of Avocado Ridge marks the first completed in collaboration with Macquarie Agricultural Funds Management under a deal announced last month.
All Australian regulatory approvals have been met for the A$386.5 million sale of S Kidman & Co to the joint venture company Australian Outback Beef.
Snooze, which runs 17 locations across Colorado, California, Arizona and Texas, specialises in breakfast and lunch options in metro areas and has a focus on sustainability.
Pontifax and its affiliates previously invested $3m in Anuvia in 2014.
The challenging profit margin environment US farmers face will continue until at least 2018, according to Rabobank’s senior grains and oilseeds analyst Sterling Liddell.
The World Bank's IFC will advise the Agency for Finance in Kosovo on lending tools and strategies and support training sessions with farmers.
Pilgrim's Pride said the acquisition would help expand into the upper Midwest while addressing evolving consumer demands, though Humane Society rejected the claims of 'humanely-raised' chickens.
Investments include $4m into the new Bud and Bloom marijuana dispensary in Santa Ana, California.
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