Cibus Fund Completes Investment in Enterra Feed CorporationAugust 23, 2018
Cibus Fund, a private equity vehicle created to invest in rapidly-growing food chain companies that adopt technologies to enable the profitable and sustainable capture of high-growth market and produce opportunities launched by UK-based ADM Capital, completed its investment in Enterra Feed Corporation, a privately-held company specializing in the development and manufacture of sustainable insect-based feed ingredients for the aquaculture, poultry and pet food industries. Cibus led the deal and was joined by a number of other investors. The funds raised by Enterra are anticipated to be used to build three new production facilities for $30 million each.
Wildeboer Dellelce LLP acted as counsel to Cibus with a team including Daniel Shapira, Michael Rennie, Carlye Bellavia and Sarah Wahba (corporate/securities) and Katy Pitch (tax).