Private Equity

An Ospraie Management spin-out has acquired Diamond of California in a continuation of the firm’s focus on the nut sector.

The merged company will look to expand and focus on the provision of healthy prepared food options.

Private equity fund manager Pacific Equity Partners' (PEP) Patties Foods has purchased New Zealand’s Leader Products, a manufacturer of frozen convenience food products.

The fund will employ a long-term value add strategy investing in a portfolio of hardwood and softwood plantation assets in Australia and New Zealand.

The ACON Latin America Opportunities Fund IV has acquired an equity stake in Dori Alimentos, a top Brazilian manufacturer and distributor of snack and candy products.

The cannabis industry could grow into a $50bn industry as more US states legalize its recreational use and investors let go of its stigma.

Water Asset Management is raising a $300m fund that will invest in water resources across the western US, Agri Investor has learned.

A new report from the UK’s Veterinary Medicines Directorate (VMD) shows that the sale of antibiotics for use in food-producing animals fell by 10 percent, from 62 to 56 mg/kg, between 2014 and 2015.

Dr. Stephen Padgette, co-inventor of gene that confers the most widely-used biotechnology trait in agriculture, will work with the firm’s existing portfolio companies and help find new opportunities as an operating director.

Philadelphia-based owners aim to expand the company’s presence in the growing healthy snack food sector through acquisitions.