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2024.03.14
Fueling growth for Spanish sheep farming leader
About the client
For over 50 years, the company has been a pillar of the Spanish sheep sector in Castilla-La Mancha. Its expertise in dairy production, cheese manufacturing, and sheep management is crucial given the agricultural sector contributes 3% to national GDP and is worth some €100 billion in annual turnover. Established over 50 years ago and with over 100 dedicated employees, the company is a driving force in a key economic sector.
Sector
Agriculture
Partner / Client
Leading manufacturer of dairy goods and farming business
Country
Spain
The challenge
Facing booming business, the company needed to speed up cattle feeding to keep pace with demand. Their aging machinery, however, hindered efficiency and lacked the sustainability features prioritised by both the government and the industry. Replacing the equipment became crucial for cost-effective production and environmentally responsible growth.
The solution
Recognising the need for modern, efficient machinery, the company partnered with BNP Paribas Leasing Solutions. Working together, they tailored a financial solution addressing immediate needs and long-term goals. This swift collaboration led to a finalised lease agreement within 48 hours, facilitated by BNP Paribas Leasing Solutions’ convenient e-signature capability. The solution provided brand-new agricultural telehandlers with a flexible repayment period that matched the company’s seasonal cash flow.
The benefits
- Increased efficiency: Improved livestock management boosted productivity and overall business turnover.
- Enhanced sustainability: Adopting eco-friendly machinery aligned with goals set by the industry and national government.
- Empowered workforce: Modern, user-friendly equipment improved employee experience and working conditions.