The proposed IFC investment consists of an A / B/ Trust loan financing package to Pandurata Alimentos Ltda ("Bauducco" or "the Company"). Bauducco is currently carrying out an investment program of about US$70 million over the next 2 years consisting of (i) expansion of its plant in Extrema, (ii) civil construction to expand its Guarulhos plant; and (iii) associated working capital needs.
Bauducco, founded in 1952, is one of the leading baked products companies in Brazil, producing panettones, toasts, cookies, wafer biscuits and other baked products. The Company produces baked products under 3 complementary brands (Bauducco, Visconti and Tommy) to target the entire spectrum of Brazilian consumers. Bauducco is a private family-owned company and was founded in 1952 by the Bauducco family. The shareholders of the Company are Pandurata Participações Ltda. and Bedece Comércio e Participações Ltda. Pandurata Participações Ltda. shareholders are Mr. Massimo Bauducco, Mr. Carlo Andrea Bauducco and Silvana Bauducco. Bedece Comércio e Participações Ltda. shareholders are Mr. Luigi Bauducco, Mrs. Carla Bauducco, Mr. Massimo Bauducco, Mr. Carlo Andrea Bauducco and Silvana Bauducco.
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For inquiries about this project, contact:
Pandurata Alimentos Ltda.
Mr. Leandro Gomes
+55 (11) 2573-9790
Rua Fritz Reiman, 628, 3rd floor, Guarulhos, SP, Brazil, CEP 07044-020
For inquiries about the IFC, contact:
General IFC Inquiries
2121 Pennsylvania Avenue, NW
Washington DC 20433
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/