USA / MEXICO – ECNETNews reports that Naturasol S.A. de C.V., Mexico’s leading honey exporter and a rapidly growing food producer, is set to receive a substantial financial boost from IDB Invest. The $70 million financial package aims to enhance production capacity, implement more sustainable practices, and fortify local supply chains across Mexico.
This initiative is expected to generate over 200 new full-time jobs, significantly uplifting the local economy through increased procurement from small and medium-sized enterprises (SMEs). Naturasol is dedicated to sourcing 80 percent of its inputs from domestic suppliers, thereby fostering long-term growth and sustainability within local agriculture. The expanded production capacity is anticipated to benefit the Mexican agri-food sector and support rural development initiatives.
The financing package includes a primary loan of up to $45 million, comprising a $25 million contribution from IDB Invest, along with an additional $20 million mobilized through institutional investors. A revolving loan of up to $25 million is also part of the package, aimed at addressing the company’s working capital requirements.
This funding is consistent with IDB Invest’s mission to promote sustainable development in Mexico by enhancing job creation and supporting local SMEs through strengthened national production.
IDB Invest will provide advisory support to Naturasol in enhancing its local supplier network, particularly focusing on developing small and medium-sized suppliers from indigenous communities for peanut sourcing. Additionally, the initiative will promote sustainable productivity and optimal farming practices among potato suppliers.
Aligned with corporate sustainability goals, IDB Invest will also aid Naturasol in establishing an integrated energy system, which aims to reduce its carbon footprint and enhance the environmental sustainability of its operations.
This project is poised to contribute to several United Nations Sustainable Development Goals (SDGs), including Zero Hunger (SDG 2), Decent Work and Economic Growth (SDG 8), Industry, Innovation and Infrastructure (SDG 9), Responsible Consumption and Production (SDG 12), and Partnerships for the Goals (SDG 17).
