Home Agribusiness

agribusiness

What the CPC management buyout tells us about Australian agriculture

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.

Terra Firma’s Guy Hands to lead MBO of Consolidated Pastoral Company

Outside investors will be invited to participate in the takeover, with Guy Hands and his family providing a cornerstone commitment alongside CPC management.

African swine fever’s unknowable toll

It’s too soon to know how institutional investors not directly invested in China’s pig farms will be affected, but no interested party can afford to take their eye off an outbreak that is expected to claim 55% of China's pig herd by year-end.

Ag ‘thunderstorm’ brings debt and equity opportunities – Tiverton Advisors

Managing partner David Chattleton says for the 'first time in six to seven years' it is an ideal moment to deploy equity, after raising $60m for two ag funds.

Paine Schwartz taps SWF capital to exceed hard-cap on $1.45bn Fund V

CEO Kevin Schwartz says the firm specifically targeted investors outside of its traditional base in the US and Europe, resulting in commitments coming in from institutions in China, Japan and the Middle East.

PSP to take Australia’s Webster private in A$724m deal

Canadian pension fund PSP has agreed to acquire 100% of the shares in Webster, Australia’s largest walnut producer and a significant holder of water entitlements in the Murray-Darling Basin.

Smith Agri International launches A$200m Australian timberland fund – exclusive

The firm is launching its first managed investment fund, a 10-year closed-ended vehicle targeting an IRR of 8-18% that will invest exclusively in Australian timberland.

Proterra finds joy in small ticket ag loans

Managing director Jonathan Logan says the firm’s debt strategy is focused on the junior loans that few other lenders offer to US agribusinesses.

Rural Funds continues war of words with Hong Kong analyst

Rural Funds Management and Bucephalus Research Partnership issued fresh rebuttals to each other this week, with RFM describing the analyst’s research as ‘false and misleading.’

‘Harmful market practices’ uncovered in Australia’s wine grape sector

ACCC makes 10 final recommendations for wine grape producers and warns that a mandatory code of conduct could be introduced in 12-18 months if sufficient progress is not made.
agri
agri

Copyright PEI Media

Not for publication, email or dissemination