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