Sucafina North America, the US subsidiary of Swiss coffee trader Sucafina Group, has acquired a 100% stake in Oregon-based green coffee importer Sustainable Harvest. A joint press release said the acquisition will ‘drive sustainability and innovation’ across the coffee industry.
A 100% investment in Oregon-based green coffee importer Sustainable Harvest has been purchased by Sucafina North America, the US division of Swiss coffee trader Sucafina Group.
Sustainable Harvest, a company founded in 1997, imports speciality coffee from all over the world with an emphasis on developing open connections that boost value along the supply chain while promoting greater economic and environmental sustainability.
The trailblazing business will continue to run autonomously. It was the first coffee importer to receive B-Corp certification in 2008. The acquisition will “promote sustainability and innovation” throughout the coffee sector, according to a joint press release.
Sustainable Harvest Is Acquired By Sucafina North America
Dave Behrends, the head of trading at Sucafina, stated that having Sustainable Harvest as a separate platform will allow Sucafina “to innovate with more cutting-edge ideas and technology.” The acquisition’s terms were not made public. “Sustainable Harvest is recommitting to its fundamental goal of assisting growers and roasters through traceable, transparent commerce.
According to Jordan Hooper, Managing Director of Sucafina North America, “With this acquisition, we are giving them the stronger financial support they need to continue operating some of the most forward-thinking sustainability initiatives in the industry, while maintaining their company independence and status as a B Corporation.”
Kat Nolte Ferguson, Managing Trader for Sucafina Specialty, has been named Managing Director of Sustainable Harvest by Sucafina. Jorge Cuevas will continue to serve as the company’s Chief Coffee Officer. David Griswold, the founder and CEO of Sustainable Harvest, will join the Sucafina Group globally in a “innovation role.”
“By creating transparent, traceable supply chains that are completely integrated from beginning to finish, Sustainable Harvest will continue to innovate and challenge the conventional trade model. We will keep up with Sucafina’s dedication to helping coffee growers and roasters. Customers, producer partners, and the relationship coffee model continue to be at the core of all we do, according to Cuevas.
Sucafina bought a controlling share in TB Brown, a Dutch manufacturer of instant coffee, in November 2022, claiming that this would become TB Brown the leading sustainable provider of private label instant coffee in Europe.
The Sucafina corporate office is in Geneva, at 1 Place de Saint-Gervais.
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