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Alqueria

Sector: Warehouse • Location: Colombia

Source: International Finance Corporation (IFC)

Project
Completed

Founded in 1959 by the Cavelier Family (the “sponsors”), Alqueria is the third largest dairy company in Colombia. The company processes milk and its sub-products into a wide range of dairy products (UHT milk, flavored liquid milk, cream, and yoghurt through a JV with Danone with a 10% ownership) and produces fruit beverages from concentrate under the “Tangelo” brand. With a production capacity of

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The project “Alqueria” is an infrastructure initiative in the Warehouse sector, located in Colombia. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Status

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completed

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Description

Description

Founded in 1959 by the Cavelier Family (the “sponsors”), Alqueria is the third largest dairy company in Colombia. The company processes milk and its sub-products into a wide range of dairy products (UHT milk, flavored liquid milk, cream, and yoghurt through a JV with Danone with a 10% ownership) and produces fruit beverages from concentrate under the “Tangelo” brand. With a production capacity of 0.9 million liters/day Alqueria operates three plants located in Bogota, Cali, Medellin and a distribution plant in Bucaramanga. The company has the following certifications: ISO 9001, HACCP and QUALITY CHEKD to ensure food safety. The company sources milk from up to 5,610 farms, some directly and some through intermediaries. Alqueria has invited IFC to consider providing an $8 million A loan and a $5 million equity investment to fund part of a $46 million capex, debt restructuring and acquisition/expansion plan (the “project”) that the company has structured over the next three years. The remaining $33M will be financed from internal cash generation.

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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