Tene Capital and Pulse Agri Investments Acquire Ahern Agribusiness

10X Capital Venture Acquisition Corp. II Completes Business Combination With African Agriculture, Inc.

December 6, 2023

Agriculture

10X Capital Venture Acquisition Corp. II completed its merger with African Agriculture, Inc., with the combined company changing its name to African Agriculture Holdings Inc. and beginning trading on the Nasdaq Global Market under the ticker AAGR. The transaction brings a commercial-scale alfalfa farming operation (currently ~750 acres in production out of ~62,000 acres secured in Senegal) to the U.S. public markets and is intended to fund scaling of agricultural production and geographic expansion across Africa.

United Rentals Acquires Ahern Rentals for $2.0 Billion

November 14, 2022

Industrial Services

United Rentals agreed to acquire the assets of family-owned Ahern Rentals, Inc. for approximately $2.0 billion in cash. The acquisition expands United Rentals' branch footprint, adds over 60,000 rental assets and ~2,100 employees, and is expected to be accretive to earnings while delivering cost and revenue synergies.

GrowerIQ Acquires Ample Organics from Akerna

January 15, 2024

Software

Toronto-based GrowerIQ has acquired fellow cannabis software provider Ample Organics from U.S.-based Akerna in an all-cash deal that closed in December; financial terms were not disclosed. The acquisition brings Ample's seven employees onto GrowerIQ's ~25-person team and combines two seed-to-sale ERP platforms to create what GrowerIQ calls the largest cannabis tech platform in Canada (and a stronger position in Europe).

Agrality Acquires Nebraska Irrigated Seeds

September 21, 2023

Agriculture

Agrality, an Argentina-based seed industry services company, has acquired Nebraska Irrigated Seeds, a Fremont, Nebraska seed production and processing business. The purchase adds four sites, ~400,000 sq ft of warehousing/processing capacity and access to thousands of acres of seed production, accelerating Agrality's expansion into the U.S. Midwest seed market.

Ardent Mills to Acquire Hinrichs Trading Company Operations

February 25, 2021

Food & Beverage

Ardent Mills announced plans to acquire substantially all of the business operations of Hinrichs Trading Company, a family-owned pulse sourcing, cleaning and packing business headquartered in Pullman, Washington. The acquisition is intended to expand Ardent Mills' specialty ingredient capabilities — particularly chickpea solutions — and support growth in plant-based and specialty grain markets.

Cinven Invests in Barentz

November 26, 2019

Food & Beverage

Cinven, the international private equity firm, has agreed to become a shareholder in Barentz, a Netherlands‑headquartered global specialty ingredients distributor, for an undisclosed consideration. Cinven said it will support Barentz’s management to accelerate organic growth and pursue a buy‑and‑build strategy to expand geographically and strengthen the Group’s infrastructure and R&D capabilities.