Seale Advised Caffenio and Cafes Tomari on their Partnership
Seale & Associates announced that it acted as exclusive financial advisor to the shareholders of Cafe del Pacifico, S.A.P.I. de C.V. ("Caffenio") and Cafes Tomari S.A de C.V., on their partnership.
As a result of the transaction, both companies created Cosecha Bienestar. Cosecha Bienestar is composed of 3 coffee mills in the southeast of the country. As part of the association, a long-term supply contract was signed to provide a significant part of Caffenio's coffee needs.
"This transaction will allow Caffenio to be assured of a supply of good quality coffee to meet the commitments made with Oxxo in the supply of Andatti Coffee" stated Sergio Garcia del Bosque, Managing Director of Seale & Associates.
As Caffenio made a commitment with Oxxo's Cafe Andatti, it partnered with Cafes Tomari to collect coffee from small suppliers and with this remove the risk for Caffenio as well as assuring a purchase from Cafes Tomari.
About Caffenio
Founded in 1941, Caffenio is a leading Mexican roaster and producer of coffee and coffee-related products based in Hermosillo, Sonora. The business distributes its products to convenience stores, supermarkets, restaurants, and hotels, as well as through its company-owned stores "Tiendas Caffenio". For more information, visit www.caffenio.com.
About Cafes Tomari
Founded on November 15, 1986, Cafes Tomari is a family business dedicated to the purchase, sale, processing and export of green and processed coffee, of national origin, for internal consumption and export. Its center of operations is located in the city of Xalapa, Veracruz, Mexico.
About Seale & Associates
Seale & Associates Inc. is a global investment banking firm with extensive experience in mergers and acquisitions, corporate finance advisory, and enterprise-level strategy consulting. Our professionals are trusted advisors maintaining a high level of quality and integrity while presenting innovative ideas and solutions to address our clients’ most complex dealings. For more information, visit www.sealeassociates.com.
