EUR 30m

December 2018

Looye

Refinancing

  • Looye Kwekers is, with its Honey tomatoes and JOYN brands, one of the Netherlands' top tomato growers;
  • In Q4 2018, Avaxa assisted Looye with its refinancing process and extending its maturing financing facilities;
  • Following a competitive process, Looye was able to close the refinancing well before year-end, realizing substantially better terms and conditions than it had in its existing financing package, including more financial and operational flexibility; and
  • The new financing package further enabled Looye to execute its strategy of growth.