Global Agribusiness: Deal Activity, November 2015

This monthly deals focused report provides a review of recent agribusiness M&A news as well as updated trading and transaction multiples.

Key headlines this month: 

  • Fonterra sells its 50% stake in DairiConcepts to Dairy Farmers of America for US$128m
  • B&G Foods Inc has concluded its acquisition of the Green Giant and Le Sueur brands from General Mills Inc for US$765m
  • Horticulture NZ has appointed Mike Chapman as CEO, Mike has been with CEO of New Zealand Kiwifruit Growers Inc since June 2005
  • ADM is still investigating a possible takeover of GrainCorp
  • Farmland Partners have purchased 120 Illinois farms, one of the largest single grain belt purchases in history for an undisclosed amount.

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Craig Armitage

Craig Armitage

Managing Partner, Te Waipounamu and China Business Group Lead, PwC New Zealand

Tel: +64 21 616 232

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