US private equity firm Paine & Partners expanded its farm and agribusiness holdings on Wednesday with the acquisition of a leading European Union agricultural producer, Spearhead International Ltd, for an undisclosed amount.
Hong Kong-listed Fosun International, a conglomerate with investments in businesses ranging from holiday resort chain Club Med to upmarket circus show Cirque de Soleil, is to buy 9% of German farm-operator KTG Agrar.
El acaparamiento de tierras se está produciendo también en la UE, con una implantación que va en aumento, especialmente en los países del este de la UE, como son Rumania, Bulgaria, Hungría y Polonia.
Gupta family, one of the most powerful business dynasties in India alongside that of Lakshmi Mittal, bought two farms with a total of 2,500 hectares of land in Teleorman.
- Black Sea Group
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29 May 2015
With more savvy investors buying up farmland, land prices have doubled within five years and the result is mega-farms like KTG Agra, which owns 50,000 ha in eastern Germany, Lithuania and Romania.
- Deutsche Welle
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21 April 2015
The Romanian NGO Eco Ruralis has published several fact sheets on foreign companies grabbing farmland in Romania, including Padova Agricultura, Riso Scotti, Generali, and Bardeau.
The land market in Romania is left to chance, any occasional businessman being free to trade arable or forest land as long as they have a good lawyer or are up to paying a bribe to some civil servant.
- Nine O'Clock
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12 February 2015
A former Swiss banker, now turned farming investor in Romania, has sold 601 hectares of land in Timis county, making a 50% profit.
- Romania Insider
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19 January 2015
The EU is currently witnessing a massive land grab, which has a direct impact on 25 million of its citizens, changing the way lands are being managed and how food is being produced.
- EurActiv
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24 November 2014
What is the underlying rational for an Italian insurance company to invest in farmland in Romania?
Auch österreichische Akteure mischen im Wettlauf um Land mit und eignen sich im großen Stil Land in Rumänien, Serbien und Ungarn an. Die Bäuerinnen und Bauern vor Ort profitieren vom Investitionsboom kaum, ganz im Gegenteil.
- FIAN Österreich
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03 July 2014
Businesses and wealthy oligarchs have taken ownership over huge tracts of agricultural land, and pushed into poverty a large number of smallholders.
