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farmlandgrab.org | Grimmway Farms finds a buyer in Indiana


A harvester is shown picking carrots in a Grimmway Farms field. Pension funds invested in Teays River Investments LLC inlcude Sweden’s AP2, TIAA-CREF, Maine Public Employees Retirement System, Teachers Retirement System of Texas, and the Washington State Investment Board 
Bakersfield | 25 November 2020
Grimmway Farms finds a buyer in Indiana
By John Cox
 
Bakersfield-based carrots giant Grimmway Farms said Wednesday it has reached an agreement to sell to an Indiana conglomerate that focuses on agricultural investments.
 
The buyer is Teays River Investments LLC, an assets-management firm founded in 2009 and headquartered in Zionsville.
 
Terms of the sale agreement were not disclosed, and Teays could not be reached for comment late afternoon Wednesday. ....

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