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Poor food safety standards and breakneck growth at Chinese mega-farms could impact companies’ bottom lines and cause reputational damage, an investor group warns.
Analitus will compliment Global ID’s existing presence in the South American nation, where food safety has become a prominent national issue.
Consumer focus on weight loss will likely lead to a decrease in global consumption over the next 15 years, says Rabobank.
The Deprez Family now owns more than 50% of Greenyard, a long-time private equity favorite with a market capitalization of more than €970m.
Tokyo-headquartered Otsuka Pharmaceutical says that after the $325m deal is finalized, the plant-based cheese alternative supplier will become a pillar of its nutraceuticals business.
The funding will go towards increasing productivity through sustainable practices, ensuring food security, and promoting resilience and climate change mitigation.
South Africa’s Western Cape ag sector is set to receive a boost, as the province’s investment promotion agency focuses on agri-processing as a means towards economic growth and job creation.
San Francisco-based Plenty has raised $200m from Japan’s SoftBank Group and other high-profile investors in what it calls ‘the largest agriculture technology investment in history’.
The 14 berry and citrus farms could fetch as much as A$300 million, according to Kidder Williams, the agricultural corporate advisory firm executing the sale.
The transaction marks the first exit for the firm’s Agri-Vie Fund I, which invested $4 million in the South African company in 2009.
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