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ADM Capital announces sixth investment from debut ag fund Cibus

The vehicle, which closed on $322m with an extra $130m for co-investments, has backed food processing technology firm MycoTechnology.

Exclusive: OTPP acquires Washington orchard

Dale Burgess, the Ontario Teachers’ Pension Plan's head of infrastructure and natural resources, tells Agri Investor that Broetje Orchards is a natural fit for the C$194bn pension’s ag strategy.

Paine Schwartz adds former Sunrise exec as operating partner

Ed Haft already serves on the boards of three Paine portfolio companies and was chief executive at Sunrise Growers before the firm sold the frozen fruit processor and marketer to SunOpta for $450m in 2015.

Phatisa reaches $121m first close on second fund

Founding partner Stuart Bradley says the private equity firm has deliberately aimed to increase the participation of private investors in its second vehicle, which already counts OPIC and the AfDB among its LPs.

AGR exits New Zealand animal weighing business in $100m sale

Managing director Daniel Master says the TIAA affiliate grew the company by expanding in Latin America and argues the dairy cycle has yet to peak.

Paine Schwartz hires former Monsanto strategy exec

Steve Bierschenk’s nearly 20 years at the St Louis-headquartered agrochemical giant culminated in a five-year stint as vice-president of global strategy.

Kainos Capital sells ingredients producer to MidOcean

Florida Food Products snapped up as its new owners look to capitalise on soaring growth in the clean label and packaged meat market.

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.

Oaktree, a pioneer of the cold-storage asset class?

PE-backed Agro Merchants has bought a Philadelphia transport business amid a flurry of acquisitions driven by growing investor confidence in the sector.

Paine Schwartz food safety platform buys Benelux peer

Brad Riemenapp, chief executive of Global ID, calls the region a priority growth market as the Iowa headquartered company expands its international footprint.

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