Company name
Sesajal S.A. de C.V
Project number
13841-01
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
Regional
Sector
Agribusiness
Status
Inactive
Disclosed date
06/02/2022
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
12/16/2022
Approval date
N/A
Signed date
N/A
Sponsoring entity
Sesajal S.A. de C.V.
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 50,000,000
Currency
USD
Project scope and objective
The Company is dedicated to the development, production, and marketing of high value-added food products, such as: (i) vegetable oils, mainly avocado; (ii) grains and seeds such as sesame, chia, peanut and chickpea; (iii) vegetable flours and powders; (iv) prepared foods; and (v) pet food, among other diversified businesses. IDB Invest will structure a Senior Loan for up to US$50 million to finance the expansion in Mexico (within existing facilities) of the production capacity of avocado oil and other value-added goods aligned with the Company's strategy through the construction of new plants, as well as investments in improvements and the investment in renewable energy for Villa Avocado, as well as structural working capital (the “Project”). Additionally, an uncommitted tranche is included for up to US$20 million for new investments of the same nature as those described above to be completed in Mexico and other Latin American countries (Peru, Colombia, the Dominican Republic, and Guatemala).
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Early disclosure
SESAJAL - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
798.7 Kb
SESAJAL - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
645.1 Kb