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Westfalia secures US$300m to fund global expansion

2023-04-05 11:00

Avocado multinational Westfalia has secured US$300m funding from three banks for its ongoing international expansion. It will use a multi-million-dollar revolving credit facility (RCF) from HSBC UK, the International Finance Corporation (IFC), and Standard Bank to fund potential investments and working capital.

The company plans to expand its sustainable avocado production at

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Fruitnet.com
Fruitnet.com

Eurofruit is a leading magazine for buyers and suppliers of fresh produce in Europe and the Middle East. Its global network of editors, reporters, and correspondents, publishing ten issues per year and daily online news, provides international fruit and vegetable trade with the latest information and analysis, covering innovations in all areas of the industry.

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