P. EN R. INTERNATIONAL B.V.
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Van der Knaap (VDK) is an all-round producer of potting soil for (combinations of) peat and coco. The company is based in Kwintsheul De Lier, in The Netherlands, and has several entities selling potting soil to international end users and to the consumer market. In 2006 Van der Knaap established the first factory for production of coco husk in Sri Lanka. In 2009 and 2010 two more production facilities followed, one in the Dominican Republic and one in India. In Thailand and Turkey production locations were also established in order to secure the supply and quality of peat and coco products. VDK has its own production locations under the commercial label Growrite. Production plants are located near the supply of coco in the various emerging market countries.
What is our funding objective?
In 2012 van der Knaap decided to concentrate all its overseas activities in an intermediate holding company: P. en R. International B.V. FMO's investment will finance equipment and machinery for the various subsidiaries of P. en R. International.
Why do we fund this investment?
Due to the risk involved in its various operations, commercial banks are presently not willing to finance the investments of P. en R .International. FMO's investment is therefore highly addition, and will help to create impact through economic growth, job creation and the production of new sustainable products for the international horticulture market.
- Website customer/investment
- http://www.vanderknaap.info
- Country
- Global
- Sector
- Agribusiness, Food & Water
- Effective date
- 10/22/2012
- End date
- 12/19/2019
- Total FMO financing
- USD 4.65 MLN
- Funding
- Fund Emerging Markets
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+