Agriculture
PEs seek a harvest in rural India
A tractor is one of the most versatile tools on a farm, but it is out of reach for many in rural India because they have no access to credit.
Indian condiments maker to back PE fund
Indian condiment maker Eastern Group will back a INR1.25 billion ($19.9 million) private equity fund in partnership with venture capital firm CapAleph Advisors.
IFC backs Vietnam's Pan Pacific Corp
The International Finance Corporation (IFC) has invested $6.5 million in Vietnamese agribusiness and food conglomerate Pan Pacific Corp. in exchange for a 5% stake.
Oman-India fund commits $15.3m to India's GSO Crop Science
The Oman India Joint Investment Fund (OIJIF) has invested INR950 million ($15.3 million) in GSP Crop Science, an Indian agro-chemicals company.
Q&A: Rabo Equity Advisors' Rajesh Srivastava
Rabo Equity Partners is in the process of raising its second India agribusiness fund. Rajesh Srivastava, a managing director at the firm, offers his views on the tailwinds and headwinds driving the sector
KKR backs desert-farming solution
Tough climatic challenges are in store for South Australia, already the nation's driest state. Agriculture, which is worth more than $5 billion each year to the state, will increasingly be affected by rising temperatures and reduced rainfall.
Rabo reaches $80m initial close on India agribusiness fund
Agribusiness-focused Indian GP Rabo Equity Advisors has raised $80 million for its second fund - India Agri Business Fund II - and expects to reach the $100 million mark in the next few months.
KKR backs Australian agribusiness specialist
KKR has committed at least $100 million to Sundrop Farms Holdings, an Australian agribusiness company that has developed technology for growing crops in arid climates.
TPG-owned Inghams sells $138m in real estate assets
TPG Capital-owned Australian poultry producer Inghams Enterprises has sold 31 properties to W.P. Carey, a US-based real estate investment trust, for A$157 million ($138 million).
Lombard invests in Vietnam seafood producer
Lombard has invested an undisclosed sum in Viet Uc Seafood, Vietnam’s leading shrimp seed producer. It will help the company optimize operations as it seeks to become a fully-integrated shrimp producer.
China's COFCO plans IPO for PE-backed businesses
Chinese agricultural conglomerate COFCO Corporation is looking to list some of its assets, including Noble Group’s agribusiness unit and Dutch grain trader Nidera Holdings, both of which were acquired with PE support.
CITIC Goldstone backs $285m Chinese mining acquisition
Goldstone Investment, the direct investment arm of CITIC Securities, is aquatics producer Hubei Wuchangyu's RMB1.75 billion ($285 million) acquisition of a Guizhou province-based mining firm.
Permira exits Japan's Arysta LifeScience to US strategic for $3.5b
Permira has exited its investment in Japanese agricultural chemicals maker Arysta LifeSciences to US chemicals firm Platform Specialty Products (PSP) for about $3.51 billion.
CDH to realize $1.6b from WH Group through share pledge
CDH Investments, the largest PE shareholder in WH Group, will return capital to LPs by pledging shares in the Chinese pork processor worth an estimated HK$12.6 billion ($1.6 billion).
Permira in talks to sell Arysta to Platform Specialty – report
Arysta LifeScience, the Japanese agricultural chemicals maker owned by Permira that last month filed for a US IPO, is said to be in talks with Platform Specialty Products over a potential acquisition.
Affinity backs poultry producer in debut Malaysia deal
Affinity Equity Partners has secured its debut Malaysia investment after agreeing to buy a significant minority stake in poultry producer Leong Hup International in a deal that values the company at around $600 million excluding debt.
SCPE invests $90m in Vietnam agribusiness player
Standard Chartered Private Equity (SCPE) has completed its second Vietnam deal in the space of a month, paying $90 million for a significant minority stake in agribusiness player An Giang Plant Protection (AGPP).
Archer seeks Asian partner to boost Brownes Dairy – report
Archer Capital is said to be seeking an Asian partner to invest in Brownes Dairy and help the milk producer market its products overseas, particularly in China.
Permira-owned Arysta LifeScience files for US IPO
Arysta LifeScience, the Permira-owned Japanese agricultural chemical maker, has filed for its US IPO with a view to raising as much as $500 million.
IFC invests $27.5m in Indian food additives producer
World Bank investment arm International Finance Corporation (IFC) has invested $27.5 million in Lucid Colloids, one of the top four producers of food additive guar gum.
KKR completes full exit from China Modern Dairy
KKR has fully exited China Modern Dairy after a six-year holding period. The PE firm only held a small minority stake in the business, having made a substantial exit to China Mengniu Dairy last year.
Fonterra to invest in PE-backed Chinese dairy firm
New Zealand dairy group Fonterra has agreed to acquire up to 20% of Beingmate Baby & Child Food, a PE-backed Chinese milk processor, for NZ$615 million ($515 million).
KKR invests $400m in Chinese chicken processor Sunner
KKR has agreed to pay $400 million for an 18% stake in Chinese chicken producer Fujian Sunner Development - the latest in a string of investments intended to leverage consumer demand for food quality and safety.
Australian agri information service gets Series C round
Agworld, an Australia-based information exchange platform for farmers, has raised A$6 million ($5.6 million) in a Series C round of funding led by Reed Elsevier Ventures. Existing investor Yuuwa Capital also participated.