The acquisition of Australia’s Palgrove Stud brings the sovereign fund’s land portfolio to 33 farms worth $215m.
Tag Archives | livestock
AgDevCo invests $1.8m in Malawi poultry producer
The debt investment by the UK fund will enable Kapani, a Malawian meat processor, to expand its poultry operations fivefold.
Navis sells duck business to Chinese asset managers in $183m deal
The Malaysian firm’s Fund V was generating 8% net IRR as of September last year.
IFC backs Solomon Islands fishery
The $10m loan will support National Fisheries Developments’ addition of a new vessel as part of ongoing efforts to increase employment in the South Pacific nation of 635,000 people.
Chinese tycoon buys Australia’s fourth-largest beef processor
The A$120m deal by Archstone Investment, an agri investment firm owned by the Hui family, comes less than a year after the failed sale to another Chinese investor.
Cooke Aquaculture under fire after thousands of fish escape
The PSP Investments portfolio company is facing criticism from environmental groups after an equipment failure at a Washington State facility containing 305,000 Atlantic salmon, resulted in many of the fish escaping into Pacific waters.
Summit Ag launches Brazil’s first corn ethanol plant, eyes 250m-gallon platform
Backed by the US firm’s $70m Brazil Renewables Fund, the $115m project is the first of ‘multiple plants’ Summit intends to build within the next two years.
China’s state-led ag inputs investments worth a partnership: Rabobank
Ruud Schers, a lead author of a recent Rabobank report examining overseas agricultural acquisitions by Chinese companies, tells Agri Investor they are motivated by a mixture of economic and political goals.
Meadow Foods buys dairy liquids company
Paine Schwartz Partners’ UK-based portfolio company’s acquisition adds about 100 local farmers to its network of suppliers.
Champlain Financial buys Canadian lobster company
Riverside Lobster International president David Deveau tells Agri Investor that the he expects Champlain will use the company as its platform to build a larger position in the Canadian seafood industry.