Brief: CNH Industrial makes 2 acquisitions in 1 week to boost precision ag capabilities
The tractor maker had previously announced its buyout of South Dakota tech firm Raven Industries in a deal worth $2.1 billion.
The tractor maker had previously announced its buyout of South Dakota tech firm Raven Industries in a deal worth $2.1 billion.
CEO Anthony Tan said the company will invest part of the proceeds into mapping tech in order to “deliver groceries more efficiently.”
Vestkorn Milling supplies proteins, fibers, and starches to manufacturers of plant-based meat alternatives, pet foods, and animal feed.
The round was led by South Korea’s Mirae Asset Global Investments.
The Hamilton, Montana-based company claims its produce reaches shelves “in record time post-harvest” due to its facility’s proximity to retail partners.
The farm laws “were for the benefit of farmers, but we could not convince a section of them despite our best efforts,” said Prime Minister Narendra Modi.
“The insights from this agreement will [inform] how we grow, separate, and treat our cranberries to optimize for target health benefits and sustainability.”
The world’s largest meat processor plans to acquire a majority stake in Spanish cultivated meat company BioTech Foods.
The e-commerce platform — which is reportedly exploring an IPO in the US in 2022 or 2023 — said it recently reached 20 million registered users.
Wolt CEO Miki Kuusi will become head of DoorDash International, leading its global expansion efforts and reporting directly to the US company’s CEO Tony Xu.
Nuro and Google will additionally “explore opportunities together to strengthen and transform local commerce,” the Californian startup said.
Green Rebel Cheeze is made is from “locally and sustainably sourced” cashew, potato, and rice, according to the Jakarta-based startup.
The country will double-down on agtech innovations in areas such as soil carbon sequestration and livestock feed to achieve the target.
Brazil will incentivize adoption of regenerative farming methods, methane-busting cattle feed supplements, and reforestation in an effort to hit the new target.
Freshmart was founded in 2016 and claims to have an 18-20% share of the online food market in Peru.
But Danish Crown’s Jais Valeur expects pork production to remain at present levels into the future because it’s “a good bet for a climate-friendly protein.”
David Rosenberg, the vertical ag company’s CEO, said that “proceeding with this transaction is not in the best interests of our shareholders.”
By joining the CanopyStyle initiative, Walmart will impel its suppliers to use alternate fiber sources such as ag byproducts.
Mars will “push the boundaries of what is possible through regenerative agriculture” to help it achieve its target, according to sustainability head Barry Parkin.
The fast food retailer will work with the Science Based Targets initiative to adjust its current emissions-reduction strategy across its business.
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