38988
C.L.N. – COILS LAMIERE NASTRI S.P.A.
Aug 30, 2018
South Africa
Africa
Oct 12, 2018
B - Limited
Active
Jul 27, 2019
Regional Industry - MAS Africa
Manufacturing
Approved : Oct 31, 2018
Signed : Nov 2, 2018
Invested : Jul 15, 2019
Motor Vehicle Parts
Disclaimer: This SII is prepared and distributed in advance of CLN’s Board of Directors’ consideration of the proposed transaction. This document should not be construed as presuming the outcome of CLN’s Board of Directors’ decision and is not in any way a commitment by CLN.
Project Description: The IFC proposes to provide an up to EUR€50 million loan to support CLN Group’s expansion plans in South Africa. CLN is a leading automotive stamping part manufacturer based in Italy and a repeat IFC client. It has 7 existing plants in South Africa and is looking to expand its production to serve new vehicles produced by automotive manufactures. It produces and assembles steel and aluminum automotive structural parts and skin panels.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
MA Automotive Tool and Die (Pty) Ltd
8 Martinus Ras Street, Rosslyn 0200, South Africa