UK-based Wheatsheaf Group is an international investor in food and agriculture businesses. The company works with the purpose to rethink and reshape the way food is grown, produced, distributed and consumed. It is claimed to be one of the largest and longest established investment teams in the agritech sector.
Invests in first dedicated agricultural bank
Now, Wheatsheaf Group announced that it has invested in Oxbury Bank – UK’s first dedicated agricultural bank in nearly 100 years. This investment is meant to help British farms become more sustainable and productive. Talking about the investment, the Series C funding round in Oxbury Bank is led by Wheatsheaf Group that has pumped in £20M (nearly €22.1M) along with participation from Oxbury’s founding shareholders including Frontier Agriculture and Hutchison Group that are major agricultural distributors.