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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.

MainePERS commits $45m to Paine flagship fund

The $14.3bn pension was also an investor in the previous $893m iteration of the Paine Schwartz Food Chain Fund, which is seeking $1.2bn for the fifth vehicle in the series.

Arable seals California deal, plans merger to boost sliced fruit portfolio

Adam Woiblet, president of Peoples Company west coast affiliate Agribusiness Trading Group, tells Agri Investor private equity interest in the Northwest region’s midstream sector is on the rise.

California poultry business secures $40m in private credit

Great Rock Capital and GemCap Solutions have extended loans to Zacky & Sons, a Fresno-headquartered poultry provider. The former's chief executive tells Agri Investor why he likes the ag sector while other lenders don't.

Exclusive: Paine Schwartz targeting $1.2bn for new Food Chain fund

Minnesota State Board of Investment is considering a $150m commitment to the fifth iteration of the firm's flagship vehicle.

Merger combines family-owned logistics and grain firms

A new energy and ag business will be established through the combination of Savage and Bartlett, which is also considering 'strategic alternatives' for its existing 100,000 head of cattle.

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.

Exclusive: AGR backs South Carolina peach grower

Chief executive Ejnar Knudsen says the TIAA affiliate plans to entice regional peach and vegetable growers to Titan Farms’ processing facility to leverage the company’s advantageous location.

Cargill makes $20m upgrade to Minnesota egg facility

Ag giant’s latest move is in response to 'dynamic and competitive' protein market, says firm.

Paine-backed foodservice ingredients company brings in new CEO

Ed Carolan, formerly of Campbell’s Soup Company, has been hired to lead Lyons Magnus, which received an investment of an unspecified size from Paine’s $893m Fund IV in November.

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