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Westfalia Intl.

Sector: Warehouse • Location: South Africa

Source: International Finance Corporation (IFC)

Project
Completed
    IFC will provide a five-year loan of up to US$ 35 million to Westfalia Fruit International Limited (“WFIL”), a wholly owned subsidiary of South Africa-based Hans Merensky Holdings (Pty) Limited. The loan will be used to strengthen WFIL’s supply chain network in the Latin America region. The project is expected to transfer fruit farming, ripening, s

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

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Participants

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completed

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Description

Description

IFC will provide a five-year loan of up to US$ 35 million to Westfalia Fruit International Limited (“WFIL”), a wholly owned subsidiary of South Africa-based Hans Merensky Holdings (Pty) Limited. The loan will be used to strengthen WFIL’s supply chain network in the Latin America region. The project is expected to transfer fruit farming, ripening, storage, distributing knowledge and skills to farmers in Chile, Mexico and Colombia. IFC investment will support acquisition of a local fruit exporting company in Chile and development of a Nursery in Colombia. The IFC investment will allow a leading South African fruit exporter to strengthen its position as a leading international supplier of avocados and enhance capacity to supply avocados year-round.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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