NEWS AND UPDATES | August 16, 2023
CELEBRATING 10 YEARS OF KAHAWATU FOUNDATION
Sucafina is proud to celebrate the 10th anniversary of its partner, Kahawatu Foundation, in 2023. Initiated by Sucafina in 2013, Kahawatu (‘people’s coffee’ in Swahili) is now an independent foundation dedicated to improving the livelihoods of coffee communities in East Africa...
NEWS AND UPDATES | July 25, 2023
SUCAFINA JOINS THE INTERNATIONAL LABOUR ORGANIZATION CHILD LABOUR PLATFORM
Sucafina is pleased to announce that it has joined the International Labour Organization (ILO)’s Child Labour Platform. The platform brings together businesses, governments, civil society organizations, and other stakeholders to share knowledge and best practices and coordinate collective action to eliminate child labor, particularly in supply chains and neighboring communities...
NEWS AND UPDATES | July 7, 2023
SUCAFINA’S IMPACT PROGRAM RECOGNIZED BY THE GLOBAL COFFEE PLATFORM AS COFFEE SUSTAINABILITY REFERENCE CODE EQUIVALENT, 2ND PARTY ASSURANCE
Sucafina is pleased to announce that IMPACT, its responsible sourcing program, has been recognized by the Global Coffee Platform (GCP) as equivalent to the Coffee Sustainability Reference Code (Coffee SR Code), 2nd party assurance...
NEWS AND UPDATES | May 26, 2023
SUCAFINA’S LATAM SUSTAINABILITY-LINKED BORROWING BASE FACILITY WINS TXF AWARD
Sucafina is delighted to announce that, for the second year running, it has received an award at TXF’s Perfect 10 Deals of the Year Awards in Commodity Finance. Sucafina won the 2022 Soft Commodity Deal of the Year Award for its Latam sustainability-linked borrowing base facility...
NEWS AND UPDATES | May 5, 2023
SUCAFINA EXTENDS ITS SUSTAINABILITY-LINKED BORROWING BASE FACILITY
Sucafina SA, a leading sustainable Farm to Roaster coffee company, is pleased to announce that it has successfully secured a 1-year extension on its flagship Sustainability-linked Senior Secured Borrowing Base Facility (“the Facility”)...
NEWS AND UPDATES | May 2, 2023
SUPPORTING FARMERS IN TANZANIA
Our sister company, Sucafina Tanzania (COTACOF), works holistically with partner Agricultural Marketing Cooperative Societies (AMCOS) to provide support to farmers in Tanzania. Aurélie Mbonigaba, Supply Chain Coordinator, brings us the latest updates and programs happening at Sucafina Tanzania...
NEWS AND UPDATES | March 13, 2023
UGACOF ANNOUNCES SMALLHOLDER-FINANCING PARTNERSHIP WITH LENDXS AND MUSONI SYSTEMS
Ugacof – Sucafina’s sister company based in Uganda – has signed an agreement with LendXS and its partner Musoni Systems, who will manage its digital in-house smallholder lending operations...
NEWS AND UPDATES | February 22, 2023
SUCAFINA OPENS INNOVATIVE WET MILL IN YUNNAN, CHINA
Sucafina, a leading sustainable Farm to Roaster coffee company, has opened an innovative and significant wet mill in Yunnan, China. The wet mill is located near Pu’er in the heart of the coffee-producing areas near Sucafina’s lab and offices...
NEWS AND UPDATES | February 1, 2023
SUCAFINA NORTH AMERICA ACQUIRES SUSTAINABLE HARVEST, STRENGTHENING COMMITMENT TO SUSTAINABILITY & INNOVATION
Sucafina North America – the US subsidiary of the Sucafina Group – has acquired a 100% stake in the equity shares of Sustainable Harvest, a green coffee importer based in Portland, Oregon...
NEWS AND UPDATES | January 5, 2023
SUCAFINA AND PROFILEPRINT ANNOUNCE CO-INVESTMENT IN CSMART
Sucafina – a leading sustainable Farm to Roaster, Swiss-based coffee company – and ProfilePrint – a Singapore-based AI-driven predictive and prescriptive food ingredient profiler – have announced a co-investment in Csmart, a Brazil-based developer of AI-powered image recognition technologies for green coffee grading ...
NEWS AND UPDATES | November 29, 2022
SUCAFINA ACQUIRES MAJORITY STAKE IN TB BROWN
Sucafina, a leading sustainable Farm to Roaster coffee company, announced today that it has acquired a majority stake in TB Brown Instant Coffee BV. Founded in 2004, TB Brown develops, sources, blends, and packs private label instant coffee products for B2B customers in different sectors such as industry, vending, and retail...
NEWS AND UPDATES | November 1, 2022
SUCAFINA’S IMPACT PROGRAM SETS A NEW STANDARD FOR RESPONSIBLE SOURCING
Sucafina, a leading sustainable Farm to Roaster coffee company, is launching IMPACT – the responsible sourcing program that benefits farmers, traders, and roasters to create a fairer, more resilient coffee industry...
NEWS AND UPDATES | September 15, 2022
SUCAFINA BRASIL & SUCAFINA COLOMBIA SUCCESSFULLY CLOSE LATAM SUSTAINABILITY-LINKED BORROWING BASE FACILITY
Sucafina Brasil and Sucafina Colombia (the “Companies”) are pleased to announce that they have jointly successfully closed a 2-year Sustainability-linked Senior Uncommitted Secured Borrowing Base Facility (the “Facility”), securing Total Commitments of US$275 million, with an accordion option of up to US$125 million...
NEWS AND UPDATES | August 19, 2022
A SOLUTION FOR THESE TIMES: BREAKBULK SHIPPING
Transit times, shipping costs, and container shortages have been on everyone’s minds lately. To address this, Sucafina is hard at work exploring options that can speed up shipping times and ensure that your coffee is delivered before you need it. One solution we’ve trialed is breakbulk shipping...
NEWS AND UPDATES | August 17, 2022
SUCAFINA NA INC. SECURES US $51.5M FUNDING WITH US PRIVATE PLACEMENT
Sucafina NA Inc., the Sucafina Group’s US subsidiary, announced today that it has successfully closed a US Private Placement (USPP), securing US $51.5 million of new funding. The transaction enables Sucafina to diversify its funding sources and to establish a platform for future Senior Unsecured indebtedness, while achieving its target funding amount...
NEWS AND UPDATES | May 12, 2022
SUCAFINA WINS TXF COMMODITIES FINANCE DEAL OF THE YEAR AWARD
Sucafina is proud to announce that we have won the 2022 Overall Commodity Finance Deal of the Year Award at TXF’s Perfect 10 Deals of the Year Awards in Commodity Finance, held in Amsterdam this week. The awards were announced during the TXF Global Commodity Finance 2022 event, which took place on May 10 and 11 at the historic Beurs van Berlage in Amsterdam...
NEWS AND UPDATES | March 8, 2022
HOW WOMEN AT SUCAFINA ARE LEADING THE WAY IN INNOVATION
Today is International Women’s Day and we’re highlighting some of the many women at Sucafina who are leading the way in innovation, and helping build a more equal world through their positive impacts on our industry. We asked them to tell us about their role and how they, and other women,...
NEWS AND UPDATES | February 17, 2022
SUCAFINA ANNOUNCES FIRST TRANSACTION IN ITS NEW AGRIBUSINESS INVESTMENT DIVISION
Sucafina, a leading sustainable Farm to Roaster coffee company, is pleased to announce this week the first transaction from its new agribusiness investment division, launched in November 2021. In partnership with privately held investment firm LemanVentures...
NEWS AND UPDATES | January 28, 2022
SUCAFINA FOUNDER ABDALLAH W. TAMARI HAS PASSED AWAY AGED 100
Management Board and employees of Sucafina SA are sad to announce that the company’s founder, Abdallah W. Tamari, has passed away at the age of 100. Abdallah W. Tamari was born in 1922 in the coastal city of Jaffa, Palestine. His family was forced to emigrate to Lebanon as a result of the Palestinian exodus in 1948. His father’s business...
NEWS AND UPDATES | November 30, 2021
SUCAFINA ANNOUNCES INNOVATIVE AGRIBUSINESS INVESTMENT DIVISION
Sucafina, a leading sustainable Farm to Roaster coffee company, is today announcing the launch of a new business segment that will identify investments in early-stage food and agriculture (Food and Ag) companies at the forefront of sustainability and innovation...
NEWS AND UPDATES | November 28, 2021
SUCAFINA '21 PRIZE OF EXCELLENCE FOR THE MASTER'S THESIS IN COMMODITY TRADING
Mr. Philippe Penet – the CFO & Treasurer of Sucafina SA, awarded the Sucafina prize of Excellence to Mr. David Cochard, a student at the Geneva School of Economics and Management (GSEM) for his Master Thesis in Commodity Trading...
NEWS & UPDATES | July 16, 2021
ANNOUNCING THE CENTER: COFFEE EDUCATION FOR ALL
The Center, a Sucafina company, is nurturing a better coffee industry by making coffee education more accessible to people across the supply chain. To learn more about what that means and how it impacts you, we’ve spoken to Tim Heinze, Coffee Education Manager...
NEWS & UPDATES | May 11, 2021
SUCAFINA SUCCESSFULLY CLOSES OVERSUBSCRIBED SUSTAINABILITY-LINKED BORROWING BASE FACILITY
Sucafina SA (the “Company”), a leading sustainable Farm to Roaster coffee company, is pleased to announce that it has successfully closed a 2-year Sustainability-linked Senior Secured Borrowing Base Facility (the “Facility”), securing US$500 million...
NEWS AND UPDATES | February 8, 2021
SUCAFINA LAUNCHES SUCAFINA NZ LTD. TO EXPAND NZ GREEN COFFEE OFFERINGS
Sucafina – a leading sustainable Farm to Roaster, Swiss-based coffee company – announced the launch of Sucafina NZ Ltd., establishing their New Zealand-based trading team and warehouse spot positions in Auckland and Christchurch...
NEWS AND UPDATES | January 25, 2021
SUCAFINA OPENS NEW OFFICES IN INDONESIA
Sucafina – a leading sustainable Farm to Roaster, Swiss-based coffee company – has established an Indonesia-based company, PT Sucafina Indonesia Coffee, to support their work with Indonesian coffee farmers. Sucafina Indonesia works directly with farmers, producers, dry mills, and exporters...
NEWS AND UPDATES | January 6, 2021
SUCAFINA ACQUIRES MAJORITY INTEREST IN COMPLETE COFFEE LIMITED (CCL)
On 4 January 2021, Sucafina announced an agreement to take a majority interest in Complete Coffee Limited (CCL) alongside the Breminer family, which will retain participation in the company...
NEWS AND UPDATES | November 23, 2020
SUCAFINA OPENS NEW OFFICES IN YUNNAN, CHINA
In its continuous effort to support its work with Yunnan coffee farmers, Sucafina is pleased to announce that it has established a China-based company, Sucafina (Yunnan) Co. Ltd. This new endeavor will be launched in partnership with Depond,part of Desheng Group...
NEWS AND UPDATES | August 18, 2020
SUCAFINA HELPING TO PROVIDE EMERGENCY DISASTER RELIEF FOLLOWING THE EXPLOSIONS IN BEIRUT LEBANON
On August 4, 2020, Beirut, Lebanon, was rocked by a series of huge explosions. A shock wave raced from the site of the blasts, on Beirut’s industrial waterfront...