KKR, a leading global investment firm, and Aware Super, a leading Australian super fund, announced the signing of definitive agreements under which funds managed by KKR will acquire ProTen Pty Limited (“ProTen”), one of the largest agricultural infrastructure businesses in Australia.
Depuis des décennies, les communautés riveraines des plantations du groupe Socfin dénoncent les pratiques abusives de l'entreprise, qui vont de l'accaparement des terres à la violence sexuelle. Aujourd'hui, leurs plaintes ont été validées par une source surprenante : les propres consultants rémunérés de Socfin, qui ont conclu que la plupart des plaintes sont au moins partiellement fondées et que la grande majorité des abus sont de la responsabilité de l'entreprise.
For decades, communities around the Socfin rubber and oil palm plantations have railed against the company's abusive practices, which range from land grabs to sexual violence. Now their complaints have been vindicated by a surprising source: Socfin's own paid consultants, who have concluded that most of the complaints are at least partially founded, and that the vast majority of the abuses are the responsibility of the corporation.
Several companies have already been allocated land on the farm, including Nyumba Group and Selu Farm Limited, each receiving 5,000 acres. Other partners include Bayer Crop Science, Yara, and Irrico International.
The Loudima agri-hub, with a capacity of 30,000 tons per year of vegetable oil, will be supplied by oil crops grown on degraded and underutilized land or through intercropping systems, as part of an innovative regenerative agriculture project developed in collaboration with local stakeholders.
During a field trip to the site on June 5, 2025, led by SYNAPARCAM, villagers expressed fear of not being able to feed their families or having a small place to build a house as all remaining lands are being occupied with palm trees.
Duxton Capital is the agriculture, wine and pubs empire founded by former Deutsche Asset Management heavyweight Ed Peter and backed by prominent investors including the billionaire Oatley family, hedge fund manager Richard Magides and Phil King’s Regal Partners.
U.N. special rapporteurs have raised concerns that Indonesia’s food estate project in Merauke district is displacing Indigenous communities, clearing forests without consent, and using military forces to suppress dissent, threatening more than 50,000 Indigenous people.
