Alqueria II (IFC-39308)

  • Colombia
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
The holder of the loan, grant, or other investment.
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 20.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 69.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Nov 9, 2017

Disclosed by Bank Oct 25, 2017

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Project Description
Alqueria is seeking financing of approximately US$ 69 million to repay financial debt and support its expansion program from 2017-2021. IFC would provide US$ 20 million in equity, Alqueria’s expansion program expects to: (i) consolidate the identified synergies with Freskaleche in the Santander region in distribution, raw milk access, transport, administration and branding; (ii) reach a higher market penetration in the Atlantic and Pacific Coasts via increased commercial and marketing efforts; (iii) increase its share in the yogurt segment by the recent acquisition of DASA; (iv) develop new value added products, such as different kinds of yogurts, 100% fruit based juices, almond beverages, why products and others; and (v) ally with strategic third parties in the distribution of juices.
Investment Description

Contact Information
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