Food Processing

The agtech-focused VC is mulling the launch of Fund III, and plans to fully deploy Fund II this year.

As private equity firms Actis and Old Mutual South Africa invest in South African convenience food, they tell Agri Investor about the rise in the sector and their expansion plans, despite a drought in the country.

The investment group says it is investigating expansion into new agri sectors and will eschew private equity for long term private investment when it comes to agricultural infrastructure.

Steak Tzar Tzar aims to break into the protein powder industry in the US as well as emerging markets that eat whole insects in Africa, the Middle East and Asia.

QFG produces pre-cooked poultry, beef, pork and mutton for retailers and the restaurant, hotel and café industry in Poland and other European countries.

Madrid-based private equity investor Portobello Capital has acquired a majority stake in Spain's Iberconsa.

Euromed processes 4,000 tons of raw materials like gingko and echinea to provide herbal extracts for dietary supplements and other uses.

Usher Eco will use the loan to create 'green' silica for use in tires, while its parent company, rice miller Usher Agro, also received financing.

The re-up by Caisse de dépôt et placement du Québec is part of the pension fund's strategy to draw stable, long-term returns from consumer staples.

Greenfood has changed hands twice this year, leaving its most recent majority shareholder, Fidelio, with an interest in the company.