Food Processing

Dale Burgess, the Ontario Teachers’ Pension Plan's head of infrastructure and natural resources, tells Agri Investor that Broetje Orchards is a natural fit for the C$194bn pension’s ag strategy.

Ed Haft already serves on the boards of three Paine portfolio companies and was chief executive at Sunrise Growers before the firm sold the frozen fruit processor and marketer to SunOpta for $450m in 2015.

Founding partner Stuart Bradley says the private equity firm has deliberately aimed to increase the participation of private investors in its second vehicle, which already counts OPIC and the AfDB among its LPs.

Managing director Daniel Master says the TIAA affiliate grew the company by expanding in Latin America and argues the dairy cycle has yet to peak.

Steve Bierschenk’s nearly 20 years at the St Louis-headquartered agrochemical giant culminated in a five-year stint as vice-president of global strategy.

Florida Food Products snapped up as its new owners look to capitalise on soaring growth in the clean label and packaged meat market.

Australia’s largest honey producer recommends Wattle Hill and Roc Capital’s joint bid, which values the company at $137m.

PE-backed Agro Merchants has bought a Philadelphia transport business amid a flurry of acquisitions driven by growing investor confidence in the sector.

Brad Riemenapp, chief executive of Global ID, calls the region a priority growth market as the Iowa headquartered company expands its international footprint.

The $14.3bn pension was also an investor in the previous $893m iteration of the Paine Schwartz Food Chain Fund, which is seeking $1.2bn for the fifth vehicle in the series.