Original disclosure @ FMO website
Updated in EWS Jun 24, 2018
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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. GLGa€™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.
+31 70 314 96 96
Anna van Saksenlaan 71
2593 HW, The Hague
+27 11 507 2500
Regent Place, 2nd Floor
Cradock Ave, Rosebank 2196
Johannesburg South Africa
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/