Westrock Coffee Company Completes Business Combination with Riverview Acquisition Corp.
April 3, 2022
Westrock Coffee Company entered into a business combination with Riverview Acquisition Corp., becoming a publicly listed company on the Nasdaq under the ticker "WEST". The transaction delivered approximately $500 million of gross cash proceeds including $250 million in PIPE commitments and secured new credit facilities to refinance debt and fund Westrock's manufacturing expansion and international growth initiatives.
- Buyers
- Riverview Acquisition Corp., HF Capital, Haslam family investment office, Southeastern Asset Management, R. Brad Martin / NFC Investments, Westrock Coffee founders (PIPE)
- Targets
- Westrock Coffee Company
- Industry
- Food & Beverage
- Location
- Arkansas, United States
- Transaction Type
- Buyout
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