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

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.