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CPPIB injects C$200m into PE-backed Premium Brands

Pender West Capital Partners is among existing investors in the TSX-listed collection of food manufacturing and distribution businesses.

Excess capacity in Australian dairy is the ‘new norm’: Fonterra

Fonterra’s strategic review continues with a Victorian factory closure and possible sales of Brazilian JV and Chinese farms.

Mitsui expands investment in Vietnamese shrimp with agri identified as growth area

The Japanese investment giant has acquired stake in Minh Phu Seafood after first investing in an affiliated company in 2013.

Phatisa sells stake in Meridian Group as fundraising for second Food Fund continues

The Africa-focused firm says it has identified $200m of opportunities for Phatisa Food Fund 2, with some transactions at the due diligence stage.

Blue Sky enters receivership after Oaktree loan covenant breach

Future is unclear for the Brisbane-based asset manager as receivers are appointed after ‘significant instability and uncertainty’ at Blue Sky.

Services drive Indigo Ag’s earnings from Marketplace

The agtech start-up hopes its Transport unit will eventually arrange transportation for any grain deliveries its farmers do not make themselves.

Western Australia ‘like California 30 years ago’

Alterra MD says he is seeing the ‘best opportunities’ for investment in WA, attracting interest from North American institutional investors.

Long-Term Asset Partners withdraws GrainCorp takeover bid

Recently formed asset manager said it ‘doesn’t have any plans at present to pursue other acquisitions’.

Australian ag needs better risk-management tools

A new report from the Australian Farm Institute argues that institutional – rather than price or production – risk poses the greatest challenge to the sector today.

Paine Schwartz adds animal health vet as OD

Richard Shuler has highlighted data analysis, food safety and the need for alternatives to antibiotics as key drivers of growth within a consolidating animal health market.

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