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The largest farmland REIT in the US will grow to about $2bn within three years, after which it will expand into Australia and Canada, according to its chief executive.
The Paine & Partners investment in UK dairy Meadow Foods appears to be the first from a US private equity firm since Britain's Brexit vote.
The $14.2bn fund is investing in a pellet-producer with a guaranteed supply chain from Weyerhauser to sell to power plants in the UK.
The bank hopes the credit extension will help growers improve efficiency and offset volatility, but made no reference to Brexit.
Getting the passport before Brexit is crucial to avoid a period when managers would be unable to access EU investors.
Depressed commodity prices could be brought down further by Brexit market turmoil, meaning lower farmland values but better entry opportunities for investors, said USAG board chair Howard Halderman.
We're taking the temperature of LPs, GPs and service providers, including agri, forestry and food investors, on what will happen following the UK's vote to leave the EU.
Short-term currency effects put US pork producers at a disadvantage to EU competitors, while long-term macro effects could hurt global demand, a university report has found.
The bank's senior consumer foods analyst John David Roeg explains the implications of EU trade deals, and why investors into UK food will have put deals on hold.
Predictions for UK M&A in the second half of the year range from ‘lacklustre’ to ‘a write-off’.
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