Food Processing

The Chinese state-owned company plans to merge its subsidiaries into a global agri platform, the latest move in a wave of global agri corporate consolidation.

The facility will be incorporated into Forage Global, a new subsidiary looking to follow the global trend of aggressive consolidation and vertical integration in the forage industry.

The commitment to the food processing and marketing-focused fund follows a $100m investment from Massachusetts Pension Reserves Investment Management Board.

Apollo is still building on its platform Pinnacle, which acquires and scales up agri inputs businesses, but will look opportunistically at other agribusiness assets with its latest fund.

The decision to appoint Stephen Thompson chief investment officer is a sign that the company will quickly build up its retail and downstream capacity.

Agri-focused Aspada's chief financial officer Kushal Agrawal shares advice on Indian agribusinesses investment, including how to tackle the supply chain, improve smallholder farmers's conditions and turn industry fragmentation into an opportunity.

The international financial institution invested $20m in Beijing-headquartered Hosen Capital's previous agri-focused fund

DEG and African Capital Alliance joined 8 Miles in buying a minority stake in the Nigerian company, which aims to become a regional snack-food leader.

Blue Road Capital's John Duryea talks first-time fundraising, and why LPs are turning to agribusinesses for co-investment opportunities.

Bunge has acquired two of Cargill's processing plants in order to build its presence in Europe's protein value chain.