Compania Agricola de la Sierra S.A
Status: Proposed investmentWhy disclosure?
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In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. 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 prospective customer?
Compania Agricola de la Sierra ("CAS") is a timber plantation forestry company located in the Antioquia region of northwestern Colombia. The company was established in Colombia in 2006 by Comaco Forestal, a leading family-owned forestry business from Chile with over 60 years of track record. CAS has a total land bank of approximately 23,000 ha, including around 14,000 ha of pine plantations and over 7,000 ha of riparian and old-growth forests designated as conservation areas. CAS recently invested in a wood treatment plant and is now pursuing further vertical integration by setting up a sawmill. CAS is focusing mainly on Colombia's growing wood market, where demand is rising due to growth in the construction and biomass sectors.
What is our funding objective?
FMO intends to provide financing of USD 15 million in total, out of which USD 5 million will be uncommitted. The proceeds from FMO's loan will be used to finance Capex related to the construction and operational setup of a sawmill.
Why do we want to fund this investment?
CAS's plantation is entering its second rotation harvest and is now pursuing vertical integration to further strengthen its position in the market. The project aligns well with FMO's forestry strategy. The company is supported by strong shareholders with industry expertise to drive its future growth.
What is the Environmental and Social categorization rationale?
The proposed investment has been categorized as B+, since the business activities with potential adverse environmental or social risks and/or impacts can be beyond the site boundaries, some are irreversible, but they can be addressed through relevant mitigation measures. The IFC Performance Standards (PS) triggered by this transaction are: PS1, PS2, PS3, PS4, and PS6. Performance Standard 5 is not triggered since all land acquisition follows a willing buyer- willing seller approach and there is no economic displacement. Performance Standard 7 is not triggered since there are no indigenous or Afro-Colombian communities in the direct and indirect area of influence of the project. Performance Standard 8 is not triggered because there has been no indication that material or immaterial cultural heritage may be impacted by the project.
- Website customer/investment
- https://cascolombia.com/
- Region
- Latin America & The Caribbean
- Country
- Colombia
- Sector
- Agribusiness, Food & Forestry
- Publication date
- 10/23/2025
- Deadline for feedback
- 12/22/2025
- Total FMO financing
- USD 10.00 MLN
- Funding
- LUF
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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+