Radar > 227873

Cofides to co-finance Toybe's entry to China

Cofides cofinanciará la entrada de Toybe en China

Intel ID : 227873
Synopsis

Toybe, a Logroño, Spain-based paper bags company and subsidiary of Torrealba y Bezares, will receive support from state-owned financing entity Cofides to finance its entry to the Chinese city of Hangzhóu, announced Cofides in a press release on 4 August, 2015.

Cofides will provide a co-investment loan for EUR 0.75m, chargeable to the fund for foreign investment operations of small and medium enterprises (FONPYME), for the installment and start-up of a paper bags production and printing plant. Toybe's total investment in the project is approximately EUR 1.27m
(content in spanish)

La empresa española Toybe, filial del grupo Torrealba y Bezares, contará con el apoyo de Cofides para financiar su implantación productiva en la ciudad china de Hangzhóu, según ha comunicado Cofides en una nota de prensa del 4 de agosto de 2015.

En concreto, Cofides concederá un préstamo de coinversión de EUR 0,75m, con cargo al Fondo para Operaciones de Inversión en el Exterior de la Pequeña y Mediana Empresa (FONPYME), para la instalación y puesta en marcha de una fábrica de producción e impresión de bolsas de papel. La inversión total de Toybe en este proyecto se eleva a aproximadamente EUR 1,27m.

Relevant Documents

Bidder

Ultimate Owner (Buyer)

Financing Bank


Intel ID 227873
Value EUR 0,75m
Native Currency Euro (EUR)
Date
Country
Region
Continent
Geography
Subsector (Old TTR Sectors)
Type
Intel Grade
Source
Tags

Bidder

Name
verified
Subsector (Old TTR Sectors)
Industry / Glass, Ceramic, Paper, Plastics, Wood and Timber (Primary)
Primary Sector (TTRSC)
10.01.11 Printing, Photography & Recording Services
10 Business Services / 10.01 Business & Professional Support Services

Country
Website
Description

Financing Bank

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.01.04 Consumer Finance
25 Financial Services / 25.01 Banking & Investment

Country
Website
Description

Ultimate Owner (Buyer)

Name
verified
Subsector (Old TTR Sectors)
Services and Distribution / Financial and Insurance (Primary)
Primary Sector (TTRSC)
25.04.03 Holding Companies / Financial Holding Companies
25 Financial Services / 25.04 Other Financial Services

Country
Description

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potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.