PROJECT

Projects

Summary of Investment Information

Project Number

37070

Company Name

WOW NUTRITION INDUSTRIA E COMERCIO SA

Date SPI Disclosed

Dec 22, 2015

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Jan 25, 2016

Environmental Category

B - Limited

Status

Active

Last Updated Date

Nov 30, 2016

Department

Gbl Ind, Manufact, Agribus & Services

Industry

Agribusiness and Forestry

Previous Events

Approved : Jul 8, 2016
Signed : Aug 19, 2016
Invested : Sep 13, 2016

Sector

Soft Drink

Project Description

The proposed investment is an up to $40 million investment in the form of an equity and/or debt in BS&C Empreendimentos e Participações S.A. (“Wow Nutrition” or “the Company”). Jointly controlled by the Chang family (60%) and One Equity Partners (“OEP”) (40%), the company is the second largest healthy beverage player in Brazil. Wow Nutrition is engaged in the production and distribution of still drinks (78% of revenues) and also has activities in the diet and light food segments (16% of revenues) as well as in infant nutrition (6% of sales). Wow Nutrition has a corporate office in São Paulo, a processing plant and a distribution center in Caçapava, a processing plant in Manaus and a sales office in Fortaleza.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation