.
MergerLinks Header Logo

New Deal


Announced

Completed

Westrock Coffee went public via a SPAC merger with Riverview Acquisition in a $1.09bn deal.

Financials

Edit Data
Transaction Value£831m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

United States

Private

De-SPAC

Private Equity

coffee

Soft Drinks

Majority

Domestic

Single Bidder

Merger

Acquisition

Friendly

beverages

Reverse Takeover

Completed

Synopsis

Edit

Westrock Coffee, an operator of a private label coffee company, went public via a SPAC merger with Riverview Acquisition in a $1.09bn deal. R. Brad Martin, NFC Investments, HF Capital and Southeastern Asset Management also participate in the deal. “The announcement today to go public via this transaction with Riverview represents a truly important milestone in Westrock Coffee’s journey. We started Westrock Coffee when we saw the need for coffee farmers in Rwanda to earn a living wage and realized that a new business model for the industry could enable this outcome while being self-sustaining and un- reliant on the vagaries of charity or consumer price premiums. Our mission to positively impact the coffee, tea, flavors, extracts, and ingredients market from crop to cup has proven to be both enormously successful and gratifying,” Scott Ford, Westrock Coffee CEO and Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US