Private equity investment firm Paine & Partners has entered into an agreement to acquire food safety and food quality solutions platform Global ID Group. However, financial details of the transaction were not disclosed. Headquartered in ...
Tags: Paine&Partners, Global ID, food safety
US-based agribusiness company Archer Daniels Midland (ADM) and Wilmar International have received all required competition approvals to launch their joint venture Olenex. Following the approvals, the companies plan to launch the new ...
Tags: ADM, Wilmar International, Olenex
Meadow Foods has raised funds from Paine & Partners to grow its business through organic expansion and acquisitions. While the US-based Paine & Partners is a global food and agribusiness investment firm, Meadow Foods is a UK-based ...
Tags: Meadow Foods, Paine&Partners, funds, Expansion
Advantage Capital Agribusiness Partners (ACAP) has invested $2m in Hip Chick Farms to support release of new products. The company is looking to grow by supplying its products to large retailers like Target and Kroger. Based in ...
Tags: ACAP, Hip Chick Farms, fund
COFCO has reached an agreement to acquire the remaining minority stake in Nidera Capital to gain full ownership of the company. The minority stake has been bought by COFCO International from Cygne to gain 100% ownership in Nidera. The ...
A panel of some of Australia’s most respectable experts and leaders in the food industry will present at a free networking breakfast for Young Professionals in the industry at the 49th Annual AIFST Convention. Georgie Aley, CEO of ...
The European Investment Bank (EIB) has granted a €150m loan for FrieslandCampina to conduct research and development activities in Europe. The loan marks the bank's first loan to a company in the Dutch agricultural sector. Founded ...
Tags: EIB, FrieslandCampina
Olam International has entered into a $175m five-year loan agreement with IFC, a World Bank Group unit, to fund its working capital and capital expenditure requirements for four of its food processing facilities in Nigeria and India. The ...
Tags: Olam, IFC, Food Processing Facilities
SAI Global has been appointed by Woolworths as an approved service delivery partner of their new Supplier Excellence program, which focuses on improving quality and product safety standards across its extensive global sourcing network. ...
Tags: SAI Global, Woolworths, Appointment, Supplier Excellence program
ProPak Asia 2016 goes from strength to strength as Asia’s No. 1 international processing and packaging event for Asia’s rapidly expanding food, drink, pharmaceutical and FMCG markets. Providing the not-to-be-missed annual ...
US-based agribusiness company Monsanto has announced to invest $975m over the next three years to expand its manufacturing site in Luling, Louisiana. The investment will also support the launch of Roundup Ready Xtend Crop System, a seed ...
Tags: Monsanto, Investment, Expansion, Roundup Ready Xtend Crop System
The Australian Competition and Consumer Commission (ACCC) will be commencing a market study into the Australian cattle and beef industry. The study will examine competition, efficiency, transparency and trading issues in the beef and ...
Tags: ACCC, Market study, Australian cattle, Beef industry
Commodities trading company Glencore has entered into definitive agreement with Canada Pension Plan Investment Board (CPPIB) to sell 40% equity interest of Glencore Agricultural Products for $2.5bn in cash transaction. Glencore's ...
Tags: Glencore, Canada Pension Investment Board, CPPIB, Agricultural Products
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
Dutch-based life sciences company DSM Food Specialties has gained validation for its testing tool Delvotest T, which helps detect up to 27 antobiotic residues in raw milk and dairy ingredients such as milk powders. A report published by ...
Tags: Dairy Products, Testing Tool