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Westrock Coffee raises new capital to mitigate soaring coffee costs

A $30m cash injection will strengthen the US coffee group’s balance sheet amid soaring operating costs and a $19.1m third quarter net loss

Westrock’s RTD coffee production facility in Arkansas | Photo credit: Westrock Coffee

A $30m cash injection will strengthen the US coffee group’s balance sheet amid soaring operating costs and a $19.1m third quarter net loss

Westrock Coffee has raised $30 million in new capital to manage soaring green coffee costs, after strong demand for its coffee products failed to offset rising operational costs and widening losses during the third quarter. 

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