Agribusiness

Paine Schwartz Partners Announces Team Member Promotions

Retrieved on: 
Wednesday, January 9, 2019

SAN MATEO, Calif., Jan. 9, 2019 /PRNewswire/ -- Paine Schwartz Partners, LLC, ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced the promotions of John Novak to Managing Director, Alex Corbacho to Director and Brian Thies to Principal.

Key Points: 
  • SAN MATEO, Calif., Jan. 9, 2019 /PRNewswire/ -- Paine Schwartz Partners, LLC, ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced the promotions of John Novak to Managing Director, Alex Corbacho to Director and Brian Thies to Principal.
  • In addition, Stephen Padgette's role at Paine Schwartz will evolve to focus functionally on technology and its application across the food and agriculture value chain and in the Paine Schwartz portfolio.
  • Kevin Schwartz, Chief Executive Officer and a founding Partner of Paine Schwartz, said, "We are pleased to announce these promotions, which are well deserved and reflect our commitment to growth as we look to extend the firm's leadership position in the food and agribusiness private equity space.
  • A global leader in sustainable food chain investing, Paine Schwartz Partners is a private equity firm focused exclusively on investment opportunities in the fast-growing, dynamic global food and agribusiness sectors.

Paine Schwartz Partners Adds Steve Bierschenk as a Managing Director

Retrieved on: 
Monday, September 17, 2018

SAN MATEO, Calif., Sept. 17, 2018 /PRNewswire/ --Paine Schwartz Partners, LLC, ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced that Steve Bierschenk is joining the firm as a Managing Director on the investment team, effective Monday, September 17, 2018.

Key Points: 
  • SAN MATEO, Calif., Sept. 17, 2018 /PRNewswire/ --Paine Schwartz Partners, LLC, ("Paine Schwartz"), a global leader in sustainable food chain investing, today announced that Steve Bierschenk is joining the firm as a Managing Director on the investment team, effective Monday, September 17, 2018.
  • Steve Bierschenk is an accomplished business leader with more than 30 years of management experience in the life sciences and agribusiness industries.
  • Mr. Bierschenk said, "It is a privilege to join Paine Schwartz and this team of investment and operating professionals that are committed to sustainable food chain investing.
  • The firm currently invests through its $893 million Paine Schwartz Food Chain Fund IV, which is solely dedicated to food and agribusiness investing.

UrtheCast and Land O'Lakes, Inc. Announce Term Sheet for Purchase of Geosys

Retrieved on: 
Wednesday, August 15, 2018

VANCOUVER, Aug. 14, 2018 /PRNewswire/ - UrtheCast Corp. (TSX: UR) ("UrtheCast") and Land O'Lakes, Inc. ("Land O'Lakes") today announced they have entered a binding term sheet for the purchase of Geosys Technology Holding LLC ("Geosys"), a wholly owned subsidiary of Land O'Lakes, for a purchase price of US$20 million.

Key Points: 
  • VANCOUVER, Aug. 14, 2018 /PRNewswire/ - UrtheCast Corp. (TSX: UR) ("UrtheCast") and Land O'Lakes, Inc. ("Land O'Lakes") today announced they have entered a binding term sheet for the purchase of Geosys Technology Holding LLC ("Geosys"), a wholly owned subsidiary of Land O'Lakes, for a purchase price of US$20 million.
  • Donald Osborne, CEO of UrtheCast, commented, "This important acquisition would bring together the best-in-class imagery capabilities of UrtheCast with the proven geoanalytics power and deep agribusiness industry relationships of Geosys.
  • By unifying these companies, UrtheCast will be well positioned as the leader in fully integrated geoanalytics solutions for the agribusiness industry.
  • Services would be provided by UrtheCast pursuant to a 13-year agreement with total potential fees payable to UrtheCast over the term of the agreement in excess of US $100 million.

Italpollina Receives the 2018 Biostimulant AgriBusiness Global Industry Impact Award

Retrieved on: 
Friday, August 3, 2018

ANDERSON, Ind., Aug. 3, 2018 /PRNewswire/ -- Italpollina, a world leader in the production of organic fertilizers, beneficial microbialsand natural biostimulants has been named the recipient of the inaugural AgriBusiness Global Industry Impact Award for the biostimulant sector.

Key Points: 
  • ANDERSON, Ind., Aug. 3, 2018 /PRNewswire/ -- Italpollina, a world leader in the production of organic fertilizers, beneficial microbialsand natural biostimulants has been named the recipient of the inaugural AgriBusiness Global Industry Impact Award for the biostimulant sector.
  • The presentation of the award occurred at the culmination of the AgriBusiness Global Biostimulant CommerceCon event, which was co-located with the Trade Summit in Phoenix, Arizona.Jon Leman, commercial vice president for ItalpollinaUSA, accepted the award on behalf of the company.
  • "We are delighted to present the AgriBusiness Global Industry Impact Award to Italpollina," said Eric Davis, managingdirector of the AgriBusiness Group, Meister Media Worldwide.
  • Italpollina is a global leader in the production of organic fertilizers, 100 percentvegetal-based biostimulants and beneficial microbials.

Ag data analytics provider Main Street Data breaks new ground with Validator, industry's first broadly-based independent data tool providing growers accurate, relevant subfield-level performance validation

Retrieved on: 
Monday, July 2, 2018

The Validator is available directly to farmers exclusively through GiSC , (Grower Information Services Cooperative), the nation's only grower-owned and -governed agricultural data cooperative.

Key Points: 
  • The Validator is available directly to farmers exclusively through GiSC , (Grower Information Services Cooperative), the nation's only grower-owned and -governed agricultural data cooperative.
  • Main Street Data possesses a repository of meticulously and accurately collected crop yield data spanning seven years, millions of acres, and 1.3B Microfields across 25 states.
  • "Other industries are replete with independent firms assessing performance trends and competitive product performance," said Ron T. LeMay, CEO of Main Street Data.
  • Main Street Data is not owned by any agribusiness and has no intention of selling agriculture input products that could create conflict.

Rabobank Announces Winners of MIT Food & Agribusiness Prize

Retrieved on: 
Wednesday, May 16, 2018

NEW YORK, May 16, 2018 /PRNewswire/ -- Rabobank and MIT have announced that EatWell and Context Insights earned the top prizes at the third annual Rabobank-MIT Food & Agribusiness Innovation Prize, a premier business-plan competition forearly-stage ideas/businesses developed by undergraduate, MBA and other graduate students.

Key Points: 
  • NEW YORK, May 16, 2018 /PRNewswire/ -- Rabobank and MIT have announced that EatWell and Context Insights earned the top prizes at the third annual Rabobank-MIT Food & Agribusiness Innovation Prize, a premier business-plan competition forearly-stage ideas/businesses developed by undergraduate, MBA and other graduate students.
  • The competition, which invites teams to pitch innovative business plans focused on new and sustainable products or technologies in food and agribusiness, is sponsored by Rabobank in partnership with the Abdul Latif Jameel World Water and Food Security Lab (J-WAFS) and the MIT Food and Agriculture Club.
  • The winners are also invited by Rabobank as guests to travel to and participate in F&A Next, a two-day international food and agribusiness innovation event at Wageningen University Campus in the Netherlands in late May.
  • In the Americas, Rabobank is a premier bank to the food, agribusiness and beverage industry, providing sector expertise, strategic counsel and tailored financial solutions to clients across the entire food value chain.

Wilbur-Ellis Agribusiness President Will Take On New Position With Cavallo Ventures

Retrieved on: 
Wednesday, May 2, 2018

SAN FRANCISCO, May 2, 2018 /PRNewswire/ --Wilbur-Ellis Agribusiness President Dan Vradenburg today announced his decision to take on a new position in the company as board chair of Cavallo Ventures, after 16 years as president of the Agribusiness division.

Key Points: 
  • SAN FRANCISCO, May 2, 2018 /PRNewswire/ --Wilbur-Ellis Agribusiness President Dan Vradenburg today announced his decision to take on a new position in the company as board chair of Cavallo Ventures, after 16 years as president of the Agribusiness division.
  • The Agribusiness Division tripled in size under Vradenburg's leadership, as he oversaw more than 35 acquisitions and relocated the Agribusiness Division headquarters to Denver.
  • Vradenburg previously served as executive vice president of the Agribusiness Division and regional vice president, responsible for California, Arizona, New Mexico, Texas and eight joint ventures in Mexico.
  • Wilbur-Ellis' Agribusiness generates more than $2 billion in sales revenue annually and has 160 branch locations throughout the U.S.
    View original content with multimedia: http://www.prnewswire.com/news-releases/wilbur-ellis-agribusiness-presid...