Release date: 15 June 2017
Promoter – Financial Intermediary
MÜLLER GROUPLocation
Description
The project consists of (i) the construction and operation of a processing & packaging plant for dairy products, and (ii) research, development and innovation (RDI) investments related to food quality, new health ingredients, packaging technologies and the expansion of the product line.
Objectives
The project concerns investment in new premises at one of the promoter's existing sites, as well as RDI investments in order to enhance competitiveness through innovation in the food sector. The activities will be carried out predominantly in Germany between 2017 and 2020 by a leader in the dairy sector in the EU.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 214 million
Environmental aspects
The investments are expected to be carried out both at existing facilities already authorised and at new premises on an existing site, neither of which requires an environmental impact assessment (EIA) under Directive 2011/92/EU.
Procurement
The promoter is a private company not operating in the utilities sector, and is thus not covered by EU directives on procurement.
Status
Signed - 16/11/2017
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).