EBRD has sunk its teeth into the corporate sector in Turkey with its first and sizable investment of USD 25 mln (approx EUR 19.1 mln) into commodities operator Tiryaki Agro. This is the first such corporate sector equity investment for the bank in Turkey. The fund will enable implementation of the company’s growth plans across its [...]

The European Bank for Reconstruction and Development has recently approved a USD 23 mln loan to leading Ukranian agribusiness commodities operator Agrotrade.

Invalda Group has invested LTL 38.6 mln (EUR 11.2 mln) to buy 36.9 percent of Lithuania’s leading agricultural company Litagra.

VTB Capital – the investment banking arm of the Russian VTB Group, is planning a USD 1 billion agriculture fund. The initial tranche of USD 250 million would be ready by the first quarter of 2012. The fund will invest in all kind of agriculture assets, including lands and processing companies, and will focus on [...]

Icon Private Equity has surrendered its share in Ukrainian agriculture company Agrika to Sintal Agriculture in exchange for a 6 percent equity in Sintal.

VC firm Venture Equity Bulgaria has upped its holding in domestic agricultural land fund Mel Invest Holding AD from just under 50 percent to over 90 percent.

Bavella B.V., a subsidiary of Czech PPF Group, has acquired a 100% stake in Russian based Rav Agro-Pro. This is the first agricultural investment made by PPF Group. Contributing to the investment, RP Capital made a co-investment in this venture by purchasing a 20% stake in Bavella B.V. Rav Agro-Pro (www.ravagro.ru) Rav Agro-Pro owns nearly [...]

The EBRD is considering an €80 million financing package for Romanian agricultural processor Expur S.A. The project passed concept review and now awaits further Board action. Expur S.A. (www.alimenta.ru) Expur S.A. is an agricultural processing company specializing in sunflower, rapeseed, and soybean products, for both Romanian markets and export. Expur makes oils for human consumption, meal for [...]

Sweden’s Alpcot Agro has reached an agreement with Polish meat packaging giant Polski Koncern Mięsny DUDA S.A., (PKM Duda), to purchase some of PKM Duda’s Ukrainian assets. The agreement includes real estate titles, a farm base, machinery and equipment, and a 50,000 tonne silo still being constructed. Alpcot Agro sees good opportunity in the western [...]

Ukrainian agricultural company Agro-Soyuz has a new financial partner after reaching an investment deal with Horizon Capital. Horizon will acquire an Agro-Soyuz stake in return for a $40 million investment via its Emerging Europe Growth Fund II. The deal marks the second investment for the $390 million fund and the first by Horizon since the [...]

The EBRD announced its largest single equity investment in the Serbian corporate sector, with €40 million going to Victoria Group, Serbia’s largest agribusiness enterprise. The investment capital will be used to increase Victoria’s working capital and restructure the company balance sheet. The restructuring will enable Victoria to develop long term value added products for human [...]

The ERBD has agreed to make a USD 20 million loan to Ukrainian agri-business ASTARTA. The loan is the first under a new program established by the EBRD to help existing clients deal with the current economy. ASTARTA, who previously received a USD 20 million energy efficiency loan, will use the new capital to increase [...]

CapMan Plc has invested into the Russian Baltic Pork Invest ASA. CapMan acquired Norum on May 26, leading to a realignment of the management structure of the Norum Russian Fund. CapMan transitioned the fund into its own management and immediately proceeded to make new investments in Russian companies. Russian Baltic Pork Invest ASA became one [...]

Global Finance acquired a majority stake in Greek Andromeda Aquaculture S.A. Andromeda Aquaculture S.A. (www.andromeda-aquaculture.gr) Andromeda was established in 1998 by Mr. Christos Giannopoulos, the founder of Riopesac, which was the largest fry production unit in Europe in Sea Bream and Sea Bass in the early 90’s. Andromeda ranks among the top five companies in [...]