The Moroccan Land’Or plant operational in the 2nd quarter of 2022

Land’Or Maroc Industries is the Moroccan subsidiary created in 2019 to bring the Tunisian group’s industrial project to Morocco.

It is done. The European Bank for Reconstruction and Development (EBRD) has subsequently granted an additional loan of 3.5 million euros (36.9 million DH) to Land’Or Maroc Industries (LMI). As we announced exclusively last December, these funds are intended to finance the acquisition of additional equipment as well as the extension of the building to increase the storage capacities of its cheese manufacturing plant under construction. in Kenitra. The loan will also finance the working capital requirement generated by this extension. “The plant should be operational by the beginning of the second quarter of 2022 and will increase the company’s export potential,” said the EBRD. Recall that the European bank had already granted, in September 2020, a loan of 10.9 million euros to the Tunisian group Land’Or, including 7.8 million euros (82.2 million DH) for the construction of a new LMI cheese dairy in Kenitra. Land’Or, a Tunisian limited company, is one of the main local manufacturers of processed cheese. Founded in 1994, the company entered Morocco through the creation of a first subsidiary “Land’Or Maroc” for the marketing of cheese and food products. In June 2019, the Tunisian group created a new subsidiary, Land’Or Maroc Industries, for the manufacture, processing and marketing of cheese and food products previously imported from its factory in Tunisia.


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