Food Processing

The private equity fund is aimed at improving competitiveness for Colombian agribusiness in the international market.

The Savola Group-backed sugar refinery company will use the equity investment to remain competitive against state-owned companies.

Pulmuone Holding’s California subsidiary plans to use Vitasoy USA’s infrastructure to scale up its line of all-natural food brands.

KKR and Baring Private Equity Asia are said to be among the firms interested in bidding for a stake in the company that could lead to a full spin-out.

Bessemer Venture Partners, Helion Advisors, Zodius Capital and Ascent Capital joined Abraaj in the funding round for fresh food online supermarket BigBasket.

The firm is likely to make three investments in 2016 from its $893m fourth fund.

The fund aims to shield Glanbia Co-operative Society dairy suppliers from market volatility.

Australia’s competition watchdog chairman said he is worried agriculture supply chains could be hurt if the Port of Fremantle's future owner is given rights to develop a second port to the south.

The German and Spanish pork industries are primed for expansion, while the Netherlands' competitive edge is being challenged by higher input costs.

US alternative investment firm Bain Capital has exited its majority share investment in Brakes Group, selling it on to US food distributing giant Sysco.