Nafoods Group Joint Stock Company

Employees handling fruit in the factory

In brief

Nafoods Group Joint Stock Company is a Vietnamese fruit manufacturer and exporter with a leading position in passion fruits. The Company is engaged in the production and sales of fruit concentrate and puree, frozen fruit products, passion fruit seedlings, dried fruits and fresh fruits, covering the entire fruit processing value chain from planting to sales. Nafoods group utilizes over 30 different fruits and vegetables in processing varying with seasonality of harvest, including passion fruit, banana, kumquat, pineapple, mango, ginger, coconut, dragon fruit, pomelo, lime, and lychee etc. Finnfund’s financing will be used for the contruction of dried fruit manufacturing plant.

Main development impact

Increases income and reliability of income of smallholder farmers by increasing the market demand for fruits and training farmers to adapt sustainable farming certifications. Increases exports and added value per fruit produced.

Investment details

Name: Nafoods Group Joint Stock Company
Project number: 80000175
Region: Asia
Country: Vietnam
Sector: Agriculture
Signing date (month/year): March 2020
Currency: USD
Finnfund's financing (commitment): 5,000,000
Size of the project financing: USD 37,000,000
Share of Finnfund's financing (%): 13.50 %
Status: Active
Website: www.nafoods.com

Please note, that in principle, this information is given at the time of signature according to Finnfund's disclosure policy. However, in the case of investment funds, the share of Finnfund’s financing (%) is disclosed after the fund’s final closing, and information on the portfolio companies financed by the fund is updated at least once a year.

March

Key facts

Name:

Nafoods Group Joint Stock Company

Sector:

Agriculture

Region:

Asia

Country:

Vietnam

Currency:

USD

Finnfund's financing (commitment):

5,000,000

Signing date (month/year):

March 2020

Last update:

October 2020