We are pleased to announce that the construction of the new Distribution Centre of Tropigalia has broken grounds. As a reminder the Kibo Fund II had invested as part of a follow-on investment in Tropigalia in December 2019. The proceeds of the investment was to finance the construction of the new DC which would enable Tropigalia to grow significantly its operations in response to the growing demand of its activity.
This major step towards the construction of the DC sets a good tone to the year 2021.
