FMO, the Netherlands’ development finance company, is planning to invest $45 million (Rs 322 crore) in Fairfax-backed agri-warehousing firm National Collateral Management Services Pvt. Ltd. The proposed funding will be used to finance the construction of new steel silos for the storage and preservation of staple food products such as wheat and rice.
FMO to help Fairfax-controlled firm pop out grain silos with $45 mn funding
Date posted: Monday 25 November 2019