Home Asia

Asia

Consortium poised to take Capilano Honey private and push into China

Australia’s largest honey producer recommends Wattle Hill and Roc Capital’s joint bid, which values the company at $137m.

Exclusive: Food and ag chief departs TPG’s The Rise Fund

Joy Basu’s exit from her role with the $2bn vehicle leaves it without a lead executive for agriculture, one of the seven sectors it targets.

responsAbility ag-debt fund secures anchor investment

The development-focused asset manager has clinched a pledge from Kempen Capital for its new fund, which targets up to $300m over the next three years to support ag lending in the developing world.

Grains trade lifts Olam performance as other businesses retreat

The Singaporean giant has significantly reduced gearing despite issuing a $500m sustainability-linked bond and borrowing from the EBRD.

IFC considers $120m loan to Olam ag supply chains

Uganda, Vietnam and Papua New Guinea are among the target countries for the proposed crop-financing program, which aims to improve market access for 40,000 smallholders.

Paine Schwartz adds ex-Monsanto exec as operating director

Rick Greubel joins the food and agribusiness-focused firm while it continues to develop its $300m-$400m earlier-stage vehicle.

Impossible Foods secures $114m in financing round

Chief operating officer David Lee told Agri Investor that the fast-growing plant-based foods pioneer structured recent investments as convertible debt as it prepares to launch its product line in Asia.

Exclusive: New Forests nears full deployment on Asia fund

TAFF, a $170m vehicle backed by nine LPs, is close to 85% invested after taking an additional stake in a Malaysian eucalyptus plantation.

Finding the exit

In the second part of our interview with Proterra managing director Rich Gammill, we learn what convinced the firm to exit its China-focused dairy business to a joint-venture partner.

Singapore’s Olam secures $500m sustainability-linked club loan

Fifteen banks are backing the innovative scheme, which will allow the group to pay lower interest rates once it meets a set of ESG targets.

Copyright PEI Media

Not for publication, email or dissemination