Citation founder Tiffany Hagge: 'Cibo Vita is a hybrid between an industrial manufacturer and a staple [consumer packaged goods] company.'
Ronin formed Lotus Beverage Alliance in April when the PE firm merged six craft beverage equipment providers.
APG’s Ben Avery said the asset was a 'very high-quality plantation forestry resource' with significant potential to increase carbon sequestration.
Morrison & Co’s Steven Fitzgerald said the investment is consistent with its decarbonization thematic and ‘fundamentally’ has the characteristics of infrastructure.
Managing partner Sebastian Popik says biological inputs are a posterchild for investments pursuing a positive environmental impact and profitably.
Investors voted to wind up the fund due to the rise in farmland values since its launch, which have compressed rental yields and offer a chance to secure strong exit prices now.
Ontario Teachers’ Pension Plan will acquire KKR’s 49% stake in GreenCollar, with the latter’s workers set to share in the windfall through an employee ownership scheme.
Costa Group chairman Neil Chatfield said the deal is in the best interests of shareholders, despite Paine Schwartz having reduced its offer from A$1.6bn.
Schwartz says the genetics, breeding and licensing segment of the food and ag value chain is made up of ‘fundamentally important and good businesses’.
Blue Road typically makes investments worth $75m or more to secure its favored controlling or influential minority positions.