Fruit

Following the sale of ‘Project Avomond’, Folium will transition from development manager to operating manager for the remaining assets in Agriculture Fund I.

Los Angeles-headquartered Agrovision describes assets in a region of Peru transformed by a recent irrigation project as the flagship within a network providing year-round access to premium berries.

The company is a grower and packer of conventional and organic fresh produce such as potatoes, herbs and citrus fruits.

The deal to delist Costa Group now only requires the formality of Foreign Investment Review Board approval to complete, with the firm set to become a private company again after listing in 2015.

The developer’s latest acquisition in the Murray-Darling Basin includes a vineyard it wants to replace with almonds, and significant water entitlements.

The Canadian fund will merge Montague with its existing subsidiary Pomona Valley, which is managed by its Australian agriculture arm AustOn.

Warakirri Asset Management has purchased the seventh and eighth assets for its Diversified Agriculture Fund in a A$22m sale-and-leaseback deal.

Exports of Australian wine to China fell to A$8.1m in 2023 from $1.1bn three years earlier, as tariffs effectively removed the country as a trading partner.

From reducing pesticides to increasing renewable energy usage, Cibus Capital has implemented an array of ESG improvement measures since it acquired The Summer Berry Company in 2019.

Paine Schwartz Partners has reduced its takeover bid for ASX-listed Costa Group to A$3.20 per share, down from a previous bid of A$3.50, after Costa lowered its forecast earnings for H2 2023.