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Agri business
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6 April 2016 Sale of 40% Stake in Glencore Agricultural Products and Creation of Long-Term Partnership with CPPIB
Oct 27, 2016Sale of 40% stake in Glencore Agricultural Products and creation of long-term partnership with CPPIB Glencore plc (“Glencore”) is pleased to announce that it has entered into a definitive agreement with Canada Pension Plan ...
Tags: Agricultural Products, Glencore
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Olam International Acquires Coffee Specialist Schluter for $7.5m
Oct 27, 2016Singapore based global agri-business company Olam International has acquired 100% stake in coffee specialist Schluter for $7.5m. A combination of internal accruals and existing debt facilities will be used by Olam to finance the ...
Tags: Olam International, Coffee
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COFCO to Acquire Remaining Stake in Nidera Capital
Aug 26, 2016COFCO 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 ...
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Solar Frontier Modules Chosen for Enilso Solar Projects Iin Mexico
May 10, 2016Solar Frontier Americas, the US subsidiary of Tokyo-based Solar Frontier – the largest manufacturer of CIS (copper indium selenium) thin-film photovoltaic (PV) solar modules – says that the firm's solar modules have been ...
Tags: solar module, PV
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Glencore to Sell 40% Stake in Agribusiness for $2.5bn
Apr 11, 2016Commodities 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
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Mahindra & Mahindra Enters Into Dairy Business
Mar 28, 2016India’s leading automobile manufacturer Mahindra & Mahindra (M&M) has entered into dairy business, beginning with milk. M&M has started selling branded milk products under the brand Saboro in Indore, Madhya Pradesh state of India. ...
Tags: Mahindra&Mahindra Enters, Dr.Pawan Goenka, Dairy Business
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Mitsubishi to Acquire 20% Stake in Olam for $1.09bn
Sep 1, 2015Japanese global establishment Mitsubishi has agreed to acquire 20% stake in agri-business firm Olam International, in two deals that are valued at around S$1.53bn ($1.09bn). Under the agreed terms, Mitsubishi will acquire 332.73 million ...
Tags: agri-business, Mitsubishi, edible nuts
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Aryzta Purchases 49% Stake in Picard
Apr 2, 2015In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
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Aryzta Owns 49% Stake in Picard
Apr 1, 2015In a strategic investment deal with private equity firm Lion Capital, Swiss food firm Aryzta will be buying a 49% stake in French premium food company Picard for €446.6m. Aryzta, which recently sold 49 million shares of the agri ...
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Olam Has Agreed to Acquire Us Peanut Sheller Mccleskey Mills
Dec 8, 2014Agri-business company Olam International has agreed to acquire US peanut sheller McCleskey Mills, in a $176m deal. The acquisition is in line with Olam's strategy to invest in specific products, including edible nuts. McCleskey is ...
Tags: edible nuts, peanut sheller, Agriculture
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Zambeef Talks with a Third Party to Divest Edible Oil and Soya Meal Producers Zaman Ltd
Dec 5, 2014Zambian agri-business company Zambeef is in talks with a third party to divest edible oil and soya meal producers Zamanita Limited. The move follows the publication of a cautionary announcement regarding the transaction on the Lusaka ...
Tags: edible oil, soya meal, Agriculture
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A New Cheese Plant was Opened by Irish Dairy Board in Wisconsin
Jun 30, 2014The Irish Dairy Board (IDB) has inaugurated a new $12m cheese manufacturing plant at its Thiel Cheese & Ingredients (Thiel) operations in Wisconsin. The new facility, which marks the completion of an $80m expansion project in its US Food ...
Tags: Agriculture, Food, Cheese
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Olam Plans to Invest $61m to Build a New Cocoa Processing Facility in Indonesia
May 21, 2014Agri-business company Olam International plans to invest around $61m to build a new cocoa processing facility in Indonesia. The facility will produce cocoa butter, cocoa cake and high quality cocoa powders, with an initial capacity of ...
Tags: Agri-business, Olam
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Olam International Announces That Its Keynote Address Will Focus on Best Practice
Oct 16, 2013As gold sponsor of the 2nd Palm Oil Africa conference, leading global agri-business, Olam International, is pleased to announce that its keynote address will focus on best practices in oil palm plantation development, bringing to bear its ...
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Norway-Based Tomra Sorting Solutions Is Set to Establish a New Facility
Aug 15, 2013Norway-based TOMRA Sorting Solutions is set to establish a new facility in West Sacramento to manufacture food sorting and peeling equipment with an investment of $5m. The new 60,000ft2 facility will become the company's North American ...