Westrock Coffee to go public in $1.2 billion SPAC deal


Westrock Coffee Holdings LLC is partnering with a special purpose acquisition company to go public with a valuation of about $1.2 billion, company officials said.

Westrock, based in North Little Rock, Ark. sits in the middle of supply chains for coffee, tea and other beverage ingredients, working with small farmers around the world to eventually supply products to restaurants and brands such as Walmart Inc. and McDonald’s Corp. It says its operations account for more than 20 million cups of coffee a day from sustainable, digitally traceable supply chains.


Wj

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