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Synopsis
Westrock, a provider of coffee sourcing and financing, supply chain management, roasting, packaging, and distribution services, completed the acquisition of S&D Coffee, a coffee and tea manufacturer, from Cott, a water and filtration service company, for $405m. “This strategic combination creates the nation’s premier coffee, tea, and extract supplier that is capable of serving the most complex and demanding customers across the country and around the world. We intend to use the scale of the new company to offer the most innovative beverage solutions with competitive pricing to our global clients while simultaneously providing a premium price to our farmer partners at origin,” Scott Ford, Westrock Coffee Co-founder and Chief Executive Officer.
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