World Bank Group's IFC, IDB Invest, and Rabobank Support San Miguel's Transition Toward Higher Value-Added Agroindustry in Argentina and Uruguay
Argentina, July 23 -- The International Finance Corporation (IFC), a member of the World Bank Group, together with IDB Invest and Rabobank, approved financing of up to US$81 million for San Miguel, the world's largest lemon processor, to advance its transition toward the production of higher value-added industrial goods in Argentina and Uruguay.The transaction will finance the company's investment program for the period 2025-2027 and the refinancing of liabilities as part of its productive transformation.The project will consolidate San Miguel's business model transition towards higher value-added industrial production, strengthening lemon processing for the development of high-value natural ingredients such as essential oils, concentrated ...
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