Horticulture

The Australian superfunds’ retiring CEO has said it is ‘comfortable and satisfied’ with its investments with the troubled asset manager.

The investment was made out of the Homestead Capital USA Farmland Fund II, which closed on its $400 million hard-cap in November.

Located in Southern Australia's Fleurieu wine region, the family-owned estate exports about half of its bottled wine to China.

The report says that while Argentine wine's competitiveness has gone up 50% overnight, investing there is still not for the faint of heart.

The private equity firm is making its first agri acquisition in more than 15 years, buying Dutch flower breeder Dümmen Orange for a reported €500m.

Sun European is taking over the largest supplier of fresh cut flowers from Africa to European retailers in a deal said to be worth £100m.

The World Bank Group lender will lend up to €90m to the rose farm to help support a 50% hike in staff numbers and an expansion of the business in a deal that "complements" KKR's $200m equity investment last year.

The US private equity firm has invested $200m into Ethiopia's Afriflora, an Ethiopian-based grower and distributor of sustainably grown roses.