Home Agribusiness

agribusiness

Other interested parties in the FruitSmart deal that could be worth as much as $105m included corporations, private equity funds, and endowments.
Lighthouse Finance managing director Howard Tang says the fund will largely look to help finance critical operating equipment for established seafood companies.
Vote on the A$72m sale of poultry assets to ProTen passed with approval from 65% of unitholders in RF Poultry, the listed vehicle that is the lessee and operator of the assets.
Fund manager Kaizen Capital has expressed concerns over alleged conflicts of interest and undervaluing of assets, and called for a vote on the sale to be delayed until these could be addressed.
Investment into areas such as agtech, aquaculture, controlled environment agriculture and sustainable proteins are expected to bear the biggest opportunities.
Undertakings by ANZ Terminals to divest a facility in South Australia and to exclude a facility at Port Kembla from the deal alleviates competition concerns, the competition watchdog said.
Ascendant Partners’ Mark Warren says growing consumer demand and product innovation helped bring strategic and financial investor interest in the Organic Ventures’ unit offering grains like quinoa, durum and spelt.
Green tea plantation, South Asia
Head of South Asia Srini Nagarajan says food and agri investments in the region have been ‘ignored substantially’ by private equity.
BP Ventures CEO David Hayes says the firm's $30m investment into feed producer Calysta is the kind of complementary opportunity his unit will hunt for as it increases the scale and pace of investments.
An MBO led by Guy Hands, whose Terra Firma owns CPC, shows the lack of interest from other corporate farmers in the portfolio – but Hands and CPC management should be applauded for re-investing.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination