Camm Agricultural Group Acquires Myra Station in Central Queensland in A$40M-Plus Deal

Image credit: LAWD By Lynda Kiernan-Stone Camm Agricultural Group (CAG) has acquired Myra – a breeding, backgrounding, and finishing asset in Central Queensland – reportedly paying north of A$40 million (US$28.85 million). Begun by the Camm family, CAG officially began operating in 1994, however, Wonga Plains, the family’s feedlot in southern Queensland, is one of […]
S. Kidman & Co. Continues Strategy Pivot with Acquisition of Wirribilla for A$75M

Image credit: LAWD By Lynda Kiernan-Stone As S. Kidman & Co. (S. Kidman), the joint venture between Gina Rinehart’s Hancock Agriculture and Shanghai CRED, continues to pivot its strategy away from being a straight cattle company to being a cattle and premium beef business, S. Kidman has agreed to acquire the 5,003-hectare (12,362.7-acre) Wirribilla property […]
RF Corval Expands Ag Holdings with Poultry Acquisitions

By Lynda Kiernan-Stone RF Corval has acquired, via a sale and leaseback arrangement with Cordina Group, two poultry assets in New South Wales, through an off-market deal. The first is a 5.5-hectare poultry farm occupied by Cordina Group since 1945 at Girraween. The farm includes a temperature-controlled chicken processing plant, distribution center, offices, and a […]
Warakirri Acquires 200-Ha Kiwi Aggregation, Sets First Deal with New Tenant Partner Seeka Ltd

By Lynda Kiernan-Stone Warakirri Asset Management (Warakirri) announced it has acquired a 200-hectare kiwifruit aggregation in one of Australia’s key horticultural regions through its Warakirri Farmland Fund. At just over A$33 million (US$21.07 million), Warakirri noted how this is a well-scaled, accretive investment for the fund, adding that it will serve to build and diversify […]
The Golden Egg: Three Egg Industry Deals Involving Three Continents

By Lynda Kiernan-Stone As bird flu continues to ravage U.S. flocks, egg prices have skyrocketed, making the humble egg a commonly accepted indicator of broader economic conditions. Indeed, the just-released March Consumer Price Index (CPI) report shows that U.S. egg prices have reached an all-time record high, jumping 5.9 percent to a historic $6.27 per […]
Seeka Acquires the Assets of Avocado and Olive Oil Producer Olivado

By Lynda Kiernan-Stone Seeka, New Zealand’s largest kiwifruit grower and fresh fruit supply chain giant also providing pears, avocados, plums, bananas, kiwiberry, and pineapples, has acquired the operating assets of Olivado – a business that includes avocado, almond, coconut, olive, and macadamia oils. As part of the transaction, these assets will be integrated into Seeka’s […]
Impact Ag Australia, Agri Carbon Investments Diversify Portfolio with Tree Nut Orchard Acquisitions

By Lynda Kiernan-Stone Impact Ag Australia (IAA) and their partner Agri Carbon Investments have diversified and expanded their portfolio through the strategic acquisition of two Queensland-based nut orchard assets – one producing macadamias and the other, pecans. With AUM of A$1 billion (US$630 million) across 620,000 acres in Australia and the U.S., Impact Ag oversees […]
Martori Farms Expands Melon Operations in California with Acquisition of V.H. Azhderian Assets

By Lynda Kiernan-Stone Martori Farms, the top grower and distributor of cantaloupe, watermelons, traditional honeydew, golden honeydew, and Kandy Lemon Drop melons in the U.S., announced a strategic expansion into the San Joaquin Valley with the acquisition of the assets of V.H. Azhderian & Co. With a history of growing and shipping fresh fruit and […]
Warakirri Diversified Agriculture Fund Surpasses A$150M with A$15M Citrus Acquisition

By Lynda Kiernan-Stone Warakirri Asset Management announced the latest acquisition for its Warakirri Diversified Agriculture Fund – an addition that not only brings the portfolio to a value exceeding A$150 million (US$93.59 million), but also archives multiple firsts for the strategy. Representing the first investment in New South Wales for this fund, Warakirri executed an […]
Butterfly Completes $1.95B Acquisition of The Duckhorn Portfolio, Brings Company Private

By Lynda Kiernan-Stone Los Angeles-based food and beverage private equity investor Butterfly Equity announced the completion of its acquisition of The Duckhorn Portfolio, a premier, North American luxury wine company, for $1.95 billion cash. “We are thrilled to welcome The Duckhorn Portfolio and its talented team to the Butterfly family,” said Adam Waglay, co-founder and […]