41217
FE INTEGRATED AGROSYSTEMS
Apr 30, 2018
Ukraine
Europe
Jun 14, 2018
B - Limited
Active
Aug 4, 2018
Regional Industry - MAS ECA
Agribusiness and Forestry
Approved : May 31, 2018
Signed : Jun 1, 2018
Invested : Aug 2, 2018
Fruits and Vegetables
The proposed investment is to support Agrofusion Group (the “Company”), the largest tomato paste and industrial tomato producer in Ukraine, by providing a long-term corporate loan to finance the Company’s 2018-2019 expansion and debt refinancing program (the “Project”).
Established in 2007, Agrofusion is the largest vertically integrated tomato paste producer in Ukraine. The Company works with the global FMCG companies, exports 70% of its production to 35 countries. The Company’s operational assets include: (i) three tomato paste plants with total processing capacity of approximately 750,000 metric tons of tomatoes per season; (ii) two seedling green-houses; and (iii) approximately 25,000 hectares of irrigated leased land in Mykolayiv and Kherson regions of Ukraine.
The implementation of the Project will allow the Company to expand its product portfolio and increase export volumes.
For Inquiries About the Project, Contact
For Inquiries and Comments About IFC, Contact
Local Access of Project Documentation
Agrofusion will utilize its web page to publicize this Summary of Investment Information.