The Port of Melbourne. The Victorian Government has successfully leased the Port of Melbourne for more than $9.7 billion. The Lonsdale Consortium, comprising of the Future Fund, QIC, GIP and OMERS signed a lease of the port’s ...
Tags: Port of Melbourne, lease
New York-based farming startup BrightFarms has raised $30.1m Series C funding to expand its presence in the US by introducing more commercial-scale fresh, healthy, local and sustainable produce. The funding is led by equity firm Catalyst ...
Tags: BrightFarms, greenhouses expasion
Grab, a rival to ride-hailing company Uber in Southeast East, has raised $750m in equity financing, increasing its total capital position to more than $1bn. The expanded, oversubscribed round was led by Grab's strategic partner SoftBank ...
Packaging firm Essel Propack has acquired remaining 75.1% stake in its German joint venture Essel Deutschland (EDG) for $32m. As part of the agreement, Essel’s Mauritius subsidiary Lamitube Technologies (LTL) will increase its stake ...
Tags: Essel Propack, stake, EDG, LTL
Despite an upturn in demand, PV module prices have plunged further in September, as suppliers scrambled for orders during trade fairs in India and the U.S. Indian buyers have demanded further cut into quotes, already at low level, driving ...
Tags: PV Modules, PV cells
Algaia has entered into an agreement to acquire Cargill’s alginates business and its production plant in Lannilis, northwestern France. The acquisition is aimed at accelerating the development the field of natural extracts, more ...
Tags: Algaia, Cargill, alginates business
ZF today announced that it has increased the price per share in its public cash offer for Haldex Aktiebolag (publ) (“Haldex”) to SEK 110, valuing Haldex at SEK 4.85 billion. ZF has received agreements to sell from key ...
Tags: ZF, Haldex, offer price
Iceland-based seafood company Icelandic Group has entered into an agreement to sell its Spanish subsidiary Icelandic Ibérica to Solo Seafood for undisclosed sum. Solo Seafood, which is owned by Icelandic seafood companies, is one ...
Tags: Icelandic Group, agreement, Solo Seafood
Meat processor Atria has received approval from the Finnish Competition and Consumer Authority to acquire Kaivon Liha Kaunismaa. In June, Atria announced that it would purchase 70% stake in Kaivon Liha to expand its business in Finland. ...
Tags: Atria, Kaivon Liha, acquisition
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
Florida-based Blue Harvest Fisheries has acquired the scallop business and processing facility of High Liner Foods in New Bedford, Massachusetts. However, the financial details of the transaction were not disclosed. Blue Harvest expects ...
Tags: Blue Harvest Fisheries, High Liner Foods, scallop business
Beston Global Food Company (BFC) has acquired the assets of Australian Provincial Cheese (APC) for $2.2m. The acquisition includes its plant and equipment, trademarks, intellectual property along with all other assets needed to continue ...
Tags: BFC, APC, acquisition
Norwegian conglomerate Orkla has signed an agreement to acquire 70% stake in Broer Bakkerijgrondstoffen to expand its presence in the Netherlands. Broer is a manufacturer of almond paste, bakery ingredients and ice cream powder. Orkla ...
Food and engineering group Carr’s has sold its flour milling business to Whitworths Holdings for £36m. Carr’s said that the disposal of its food division will enable it to increase focus on its growing agriculture and ...
Crestview Partners has agreed to acquire Accuride, which supplies components to the North American and European commercial vehicle industries. Crestview Partners is a New York based private equity firm, which will acquire Accuride for ...
Tags: Crestview Partners, Accuride, acqusition