MIRO Forestry and Timber Products has secured a US$10.7 million shareholder loan from leading development finance institutions to support the company's operational cash flow requirements. 

Founded in 2009, MIRO is a vertically integrated plywood manufacturing business headquartered in the United Kingdom, with operations in Ghana and Sierra Leone. The company manages over 20,000 hectares of Forest Steward Council (FSC) certified plantations, including eucalyptus and acacia, producing hardwood plywood, sawn timber and utility poles. 

MIRO supplies customers in North America, Europe, the Middle East, and local African markets. Its operations contribute to local employment, community development, and carbon sequestration efforts, making it a key player in the region's sustainable forestry sector.

Verdant IMAP was the transaction advisor that tailored the funding solution. The company says it was the fourth successful transaction in the broader agro-industrial sector in 2024.