Arkansas Teacher Retirement System to acquire a minority stake in Westrock Coffee Company for $25m.

Arkansas Teacher Retirement System, a defined benefit retirement plan, agreed to acquire a minority stake in Westrock Coffee Company, an integrated coffee, tea, flavors, extracts, and ingredients solutions provider in the U.S., for $25m. “We are excited to announce today’s decision by ARTRS to invest $25 million in Westrock Coffee, which adds to the $75 million equity investment we announced last month committed by HF Capital, one of our original investors, and the Herbert Hunt family, a new investor. As an Arkansas-based company, we are excited to partner with a new long-term investor who believes in our vision and provides such an important service to educators in our great state. The additional capital from ARTRS will support our continued strategic efforts to expand our extracts and ready-to-drink business at our Conway, Arkansas facility which remains the gateway to future EBITDA expansion and a key enabler of future growth,” Scott T. Ford, Westrock Coffee CEO and Co-founder.