M&A

Primewest is reported to have made several acquisitions for its first agriculture fund this year, which will become part of the merged platform.

The private equity firm has bought New Jersey-based spice maker, Gel Spice, to expand geographical reach.

The two industry superfunds hope to increase returns and lower fees for members through efficiencies gained in the merger.

The Riverstone-backed wood pellets supplier has entered into its third joint venture with the life insurer as it looks to serve growing overseas demand.

The US company's deal for the UK-based cold storage provider is its third European acquisition this year.

The deal comes one year after CITIC Agri Fund Management was established together with Yuan Longping High-Tech Agriculture and two other listed agricultural companies.

With nearly 81 percent of Syngenta shares tendered and all regulatory approvals secured, the $44 billion dollar deal is on track to close in June.

Altamont Capital Partners announced its acquisition of the manufacturer of frozen poultry products this week, at the same time as Lake Pacific Partners announced its exit.

The purchase of the fresh and frozen seafood supplier follows Premium Brands' $20.3 million acquisition of Island City Baking and its affiliate Conte Foods earlier this month.

Premium Brands purchased Island City Baking and its affiliate Conte Foods, as well as Larosa Fine Foods.