BRAZIL > Switzerland based Syngenta is set to acquire Brazil based Strider

Syngenta logo   Strider, a Brazilian AgTech company is set to be acquired by Switzerland based Syngenta. Strider focuses on operational management solutions for farms. Financial terms of the transaction are not disclosed and the completion of the deal is subject to clearance by relevant merger- control authorities. An important player in the Latin American digital agriculture market, Strider acquisition will bring More …

ARGENTINA > IFC, Natixis and Rabobank have arranged a $295 million long- term pre-export financing package for agribusiness company Vincentin in Argentina

IFC logo For supporting the working capital needs for exports of oil seed, oil and sub products, Vincetin has received a $295 million long- term pre-export financing package from IFC, a member of the World Bank Group, Natixis and Rabobank. Having a strategic relationships with Vicentin for more than 20 years, IFC, Natixis and Rabobank have been providing financing, mobilizing resources and More …

NEPAL > World Bank and the Government of Nepal signed three financing agreements for $440 million to invest in the country’s post-earthquake housing reconstruction, livestock innovation, and technical education and vocational training

World bank logo For the country’s post-earthquake housing reconstruction, livestock innovation, technical education and vocational training, the Government of Nepal and the World Bank have singed three financing agreements for $440 million. According to World Bank Country Director for Bangladesh, Nepal and Bhutan, Qimiao Fan: “These three agreements are important for Nepal because they boost job creation, including for many women, by investing More …

CHINA > US based Cargill invests more than $15 million to add a piglet feed production line at its existing facility in Tianjin, China

Cargill logo To bolster its young animal nutrition capability, US based Cargill invests more than $15 million to add a piglet feed production line at its existing premix and nutrition facility in Tianjin, China. Featuring cutting edge technology, the nearly 7,000 square meter young animal nutrition facility is set to produce Neopigg™, a sustainable world-class piglet feed. According to John Fering, Managing More …

CANADA > France based Neovia S.A.S to acquire Canada based Epicore BioNetworks Inc.

Epicore logo Neovia S.A.S and Epicore BioNetworks have entered into an agreement dated October 13, 2017 in which Neovia is set to acquire all of the issued and outstanding shares of Epicore on a fully- diluted basis for a price per share Canadian Dollar 1.30 ($1.02) approximately valuing Epicore at Canadian Dollar $35.6 million ($27.89 million) representing a premium of Epicore shares More …

USA > Germany based Bayer to invests $8.1Mn in Soybean Advancement in US

Logo_der_Bayer_AG.svg Germany based Bayer to invest $8.1 million for Soybean Breeding and Trait Development Center at the Midwest Field Technology Station (MFTS) in USA. As per Bayer’s press release growers in Illinois and across the Midwest now have the added benefit of a soybean research facility, increasing accessibility of high quality, locally adapted seeds and raising the bar for yield opportunity.   About More …

LATVIA > Hong Kong’s PE firm PAG to invest $171.6Mn in Latvia based Food Union Group

Logo_FUN_VP_RPK Hong Kong based PE firm, PAG is set to invest €161.6Mn ($171.6Mn) in Latvia based Food Union Group. The PAG investment also saw an existing partner in Food Union Group, US based Meridian Capital add further €52.4Mn ($55.6Mn) bringing the total investment to €214Mn ($227.23Mn). The investment from PAG and Meridian Capital is expected to finance the expansion plans of Food More …

USA > ADM to sell its Crop Risk Services (CRS) business to Validus Holdings for $127.5 million

VR-Logo Chicago, USA based ADM (Archer Daniels Midland) to sell its (CRS) business to Validus Holdings for $127.5 million. The deal is still subject to regulatory approvals and is set to close in first half of 2017. After the deal it is expected that almost all the employees will be transferred to CRS business under Validus. Validus as a company provides More …