PROJECT

Projects

Summary of Investment Information

Project Number

44358

Company Name

Pandurata Alimentos Ltda.

Date SPI Disclosed

Apr 27, 2022

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

May 27, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

Sep 4, 2022

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Jun 3, 2022
Signed : Jun 28, 2022
Invested : Sep 2, 2022

Sector

Other Food

Project Description

  The proposed IFC investment consists of an A loan to Pandurata Alimentos Ltda (Bauducco or the Company). Bauducco, founded in 1952, is a baked products company headquartered in Brazil, producing long shelf-life bread, panettones, toasts, and other baked products. The Company produces baked products under 3 complementary brands (Bauducco, Visconti and Tommy) to target different consumer segments.

Bauducco is currently carrying out an investment program of about US$40 million over the next 2 years to expand its Bonsucesso plant to install an additional bread production line (“the Project”).                                             

Associated Advisory Engagement

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation