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A European private equity firm has agreed to purchase a crop protection and nutrition-focused unit of Sapec Group, a Portuguese conglomerate.
Implications of the recently-announced merger with American Farmland Company dominated discussion on Farmland Partners' Q3 conference call.
Nazca will effectively cede all ownership rights in Agromillora with the deal.
The UK could regulate the use of GM crops on a commercial basis after leaving the EU.
Gladstone continues to invest in almond production, this time buying properties with well-developed trees already on-site.
James McCandless
The firm, previously known as UBS AgriVest, now has assets under management of $1.2 billion but still believes row commodity crop farmland is too expensive.
Paul Yang’s appointment comes barely a month after KKR expanded its Asia-Pacific senior leadership team.
Fundo Soberano de Angola is investing in seven large-scale farms to boost agricultural productivity, food security and to further diversify Angola's crude oil-reliant economy.
The merger will make Farmland Partners the biggest US farmland REIT, with executives hoping the move will give the company further access to global institutional investors.
US pistachio production fell in the last year as did demand in China, but Australia, the US and China stepped up almond and walnut production as Japanese, Chinese and European demand rose.
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