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The deal will see New Forests and AIMCo continue their 10-year partnership and add more than 90,000ha to their Australian farmland portfolio.
At least five parties have reportedly expressed interest in assets that include a soybean processing facility, an ancient grains unit and storage facilities devoted to organic and non-GMO supply.
The blocโs farm-to-fork strategy includes strong environmental targets, but simply creating organic supply will not be enough to sustainably reconfigure its food supply chain.
Direction of travel signaled by the bloc over the past few years is creating a fundraising environment beneficial to start-ups and is now backed by a sustainability conscious subsidy package.
Plans to reduce use of harmful pesticide and fertilizer products, converting 25% of farmland to organic and incentivizing carbon sequestration is what the industry needs.
Anthony Sepich says Pipeline Foods is now in the phase of executing the mid-to-long term initiatives that will 'move the needle ... in terms of profitability.'
Head of Europe Yury Fedorov says the company was one of the first to use LED lighting on a commercial scale, touting its farms as up to 95% more efficient than conventional ones.
The global market for organic food is estimated at over โฌ80bn and forecast to grow, despite high production risks.
The investment from the โฌ225m Cerea Capital II fund to acquire a majority stake in ICKO will enable the beekeeping equipment supplier to expand globally and extend its research and development operations.
The European Investment Fund and the Regional Council of Nouvelle-Aquitaine are launching a guarantee vehicle to modernize the agriculture sector in the region and capitalize on the trend towards organic production.









