Company name
Ovobrand S.A.
Project number
15601-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Argentina
Sector
Agribusiness
Status
Proposed
Disclosed date
04/30/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
06/19/2026
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Corporates Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 20,000,000
Currency
USD
Project scope and objective
The proposed financing to Ovobrand S.A. consists of a loan of up to US$20 million, with a term of up to 10 years, including a 2-year grace period. Through this financing, we will support the Company’s expansion plan at its plant in Brandsen, Buenos Aires; CAPEX investments related to the biogas plant as well as the project for a new complex to increase production capacity, the improvement and adaptation of the current traditional production facilities to new practices that promote environmental protection and animal welfare, including the necessary equipment, while also promoting sustainable practices.
Ovobrand S.A. is a leading Argentine Company in the production and processing of eggs and egg products (liquid and powdered), renowned for its full vertical integration in Brandsen, Buenos Aires. Founded in 2008, the Company operates under high standards of biosecurity, automation, and sustainability, exporting a significant portion of its production.
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Contact information
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Client Contact
PHONE NUMBER
+2223 67-3712
POST OFFICE ADDRESS
Ruta 215 Km 41.75 – Brandsen – Buenos Aires
Information not available on IDB Invest website may be requested by mailing to 1350 New York Ave NW, Washington, DC 20577, by e-mailing [email protected] or by calling +1(202)-566-4566.
Individuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
OVOBRAND - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
204.8 Kb
OVOBRAND - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
112.6 Kb