The Green Coffee Company (GCC) has successfully closed a $15 million investment round to support its expansion efforts in Colombia and to launch new roasted coffee initiatives in North America. Established in 2017, GCC currently manages 10,000 acres of farmland and over 13 million coffee trees in Medellin, Colombia. The new funding will be used to double the company’s coffee processing capacity and facilitate its transition from green coffee sales to roasted coffee. This shift is underscored by a recent retail coffee agreement with Colombian coffee group Juan Valdez.
In May 2024, GCC signed a joint venture agreement granting it third-party rights to distribute Juan Valdez-branded coffee in supermarkets throughout the US and Canada. Additionally, GCC has entered into roasting and co-packing agreements with US beverage group Westrock Coffee and Colombian food and beverage exporter Nutrigrüp.
The company anticipates achieving record revenue and profits in 2024 and aims to become the world’s largest producer of arabica coffee by 2025. To date, GCC has raised over $90 million from 500 investors, including a $25 million Series C funding round completed in June 2023.
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