SAGER & LA FLEUR B.V.
Status: Completed investmentWhy disclosure?
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Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Eurobakery is an industrial bakery located in Beijing which produces bread, pastry and fresh sandwiches. Its clients are coffeeshop-chains, caterers, supermarkets, hotels and airports. The wholesale activities started in 2011. The company outperforms in quality and product inventiveness.
What is our funding objective?
FMO will finance the extension of the production capacity.
Why do we fund this investment?
By financing the extension plans of Eurobakery, new jobs will be created and the production process will become more energy efficient. This will help Eurobakery to meet the fast growing demand of the Chinese market.
- Website customer/investment
- http://www.eurobakery.com.cn
- Region
- Asia
- Country
- China
- Sector
- Agribusiness, Food & Water
- Effective date
- 4/14/2016
- End date
- 1/5/2023
- Total FMO financing
- EUR 2.00 MLN
- Funding
- Fund Emerging Markets
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B