According to bank provided information, the investment involves the provision of a EUR 10 million senior secured loan with a maturity of 7 years (including 2 years of grace period). The proceeds will be used to finance a new green capex plan to improve vertical integration.
The Project will enable the client to lower the cost of raw materials thanks to higher vertical integration through the in-house production of inputs. In addition, the Project will generate additional external annual revenues from sales of regenerated mattress and pillows fillers to other industrial producers with an attractive profitability.
Uni Confort Maroc Dolidol ("Dolidol" or the Borrower), a company incorporated in Morocco, and a leading producer of foam and mattresses for home furnishings. The Borrower is 77% owned by Palmeraie Holding, a Moroccan conglomerate; and 23% owned by DPI, a large pan-African private equity fund. Palmeraie Holding is fully owned by the Berrada Sounni family.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Uni Confort Maroc – Dolidol SA||Client||-|
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