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Coffee trader Mercon runs out of credit, files for bankruptcy reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
CEO Oscar Sevilla said in a December 6 letter to clients seen by Bloomberg News that “the macroeconomic factors working against Mercon have persisted for longer than expected." ....
Mercon Coffee Group, one of the world s largest coffee traders, has filled for bankruptcy protection in the United States due to what it defined as exceptionally challenging operating environment,. -December 07, 2023 at 11:35 am EST - MarketScreener ....