Assisted by IFS, Oriental Group extends financing with partner bank ING

In November 2016, Oriental Group, known under the brand name "Amazing Oriental", extended its existing facilities with partner bank ING to finance the construction of an additional distribution center for frozen and fresh products in Ypenburg, The Hague. Integrated Finance Solutions (IFS) BV assisted Oriental Group throughout the entire financing process.

Amazing Oriental
Amazing Oriental, founded in 1986, is the largest Asian supermarket chain in Holland. The 20 stores throughout the country offer all necessary Asian ingredients to both novice and professional cooks. The variety in food and non-food products delivered by Amazing Oriental, has grown from 600 to more than 10.000 authentic A-brands, 150 different brands of noodles, exciting tea flavours and a wide range of spices and sauces, all directly imported from Asia.

Amazing Oriental intends to achieve a further rollout of stores and locations in order to meet the increasing demand of its customers. To enable these ambitions, the current distribution facilities will be expanded with an additional distribution center for frozen and fresh products. The construction & realization of this additional DC has been enabled by additional capex, provided for by partner bank ING.

More information?
For more information please contact Integrated Finance Solutions at +31 30 7602110.