VSAP AGRISERVICES LP
Who is our client
Grupo Los Grobo (GLG) started operations in Argentina in 1980. GLG has been the leader of the agribusiness transformation in Argentina and the region for the last 25 years. GLG’s platform provides different products and services to agricultural producers operating in Argentina.
FMO’s investment will be used to strengthen the capital structure of the group and support its current growth plan aiming at doubling its size in the coming years.
Why we fund this project
With a model integrated into the industry and the sciences, as well as innovative due to its capacity of transforming and offering solutions to this changing world, GLG is well-positioned to continue to lead the transformation of the agriculture sector in Argentina.
|Date||Total FMO financing|
|1/30/2019||USD 4.60 MLN|
- Website client
- Latin America & The Caribbean
- Agribusiness, Food & Water
- Signing date
- Total FMO financing
- USD 4.60 MLN
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)