Sucafina North America acquires Sustainable Harvest
Image: Alena Koval, Pexels
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.
Jordan Hooper, managing director of Sucafina North America, said:
“Sustainable Harvest is rededicating itself to its core mission to support producers and roasters with traceable, transparent trading. With this acquisition, we are providing the stronger financial support they need to continue operating some of the most progressive sustainability initiatives in the industry, while maintaining their company independence and status as a B Corporation.”
Founded in 1997, Sustainable Harvest imports specialty coffees from around the world with a focus on creating transparent relationships that increase value throughout the supply chain while fostering greater sustainability.
The new partnership will further drive sustainability and innovation across the entire industry by blending Sucafina’s breadth of impact with Sustainable Harvest’s depth of impact. Sucafina has proven experience across large networks of farmers. Sustainable Harvest’s more nimble approach is tied to specific local communities, farmers, and coffees.
Dave Behrends, managing partner & head of trading at Sucafina, commented:
“We saw this acquisition as an opportunity to preserve the integrity of the supply chain. We also recognize the benefits of having Sustainable Harvest as an independent platform to innovate with more progressive ideas and technologies to sustainably reshape our industry.”
Jordan Hooper has appointed Kat Nolte Ferguson as managing director of Sustainable Harvest. Jorge Cuevas will continue in his leadership role as chief coffee officer for the company. David Griswold, founder and CEO of Sustainable Harvest, will transition to an innovation role with the global Sucafina Group.
Jorge Cuevas, chief coffee officer at Sustainable Harvest, said:
“Sustainable Harvest will continue to innovate and challenge the traditional trading model by building traceable and transparent supply chains that fully integrate from end to end. Together with Sucafina, we will continue our commitment to serving coffee farmers and roasters. The relationship coffee model, producer partners, and customers remain at the heart of all we do.”