GENEVA, SWITZERLAND, February 1, 2019 – Sucafina is pleased to announce today the signing of a definitive agreement to acquire MTC, a leading specialty coffee trader.
The deal is expected to be completed by the end of March 2019. MTC will be a vital part of the Sucafina network and all current team members will remain in the Company, including the founder Andrew Ford, who has chosen to assume an advisory support role.
James Dargan, currently the Managing Director of Cotacof – Sucafina’s subsidiary in Tanzania, has been appointed as Managing Director of MTC. James will assume his new role shortly after the closing of the deal.