VSAP AGRISERVICES LP
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
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
Grupo Los Grobo (GLG) started operations in Argentina in 1980. GLG has been the leader of the agribusiness transformation in Argentina and the region for the last 25 years. GLG’s platform provides different products and services to agricultural producers operating in Argentina.
What is our funding objective?
FMO’s investment will be used to strengthen the capital structure of the group and support its current growth plan aiming at doubling its size in the coming years.
Why do we fund this investment?
With a model integrated into the industry and the sciences, as well as innovative due to its capacity of transforming and offering solutions to this changing world, GLG is well-positioned to continue to lead the transformation of the agriculture sector in Argentina.
More investments
| Date | Total FMO financing |
|---|---|
| 11/16/2016 | USD 28.83 MLN |
- Website customer/investment
- http://www.losgrobo.com/
- Region
- Latin America & The Caribbean
- Country
- Argentina
- Sector
- Agribusiness, Food & Water
- Effective date
- 8/1/2017
- Total FMO financing
- USD 2.55 MLN
- Funding
- FMO NV
-
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+