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The sale marks the completion of a divestment program launched by the Brazilian company following the country’s 'weak meat' corruption scandal.
French stocks were a rare good news on this side of the Atlantic, though European stocks vastly outperformed their US peers in the whole of 2017.
‘Second-generation’ bioethanol has emerged stronger after the EU capped fuels produced from food crops and banned those made from palm oil. Market reactions were mixed.
The purchase of the 500-acre Mowbray Farm constitutes half of a partnership AC has established with the Diaco Family, that also includes plans for a greenfield fruit-processing facility.
The firm’s Buy and Lease Fund has acquired seven farms in the country since launching in June 2016, including more than 2,500 hectares in the last three months.
The Unigrains affiliate is backing the transaction via both its equity and mezzanine funds, and intends to expand further in Western Europe.
In an interview with Agri Investor, David Henstrom, vice-president of the company's starches, sweeteners and texturizers business, explained what separates pea protein from its peers.
While Attorney General Jeff Sessions has made it hard for marijuana businesses to bank their growing piles of cash, dealmaking continues apace.
Craig Reeves, chief executive of the UK’s Prestige Funds, tells Agri Investor why the firm’s ‘consultative lending’, in-house-sourcing approach is intriguing investors from around the globe.
Peoples Company president Steve Bruere tells Agri Investor that the property attracted interest from a wide variety of investors including farmland funds, high-net-worth individuals and family offices.
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