Armajaro, the global commodities group, will expand into Brazil
with the establishment of a coffee sourcing and trading business.
Armajaro is a supplier of Robusta coffee from its operations in
Vietnam, Indonesia and Cote d'Ivoire. Entry into the Brazilian
market will enable Armajaro to extend its sourcing capabilities to cover
Arabica coffee. Cesar Calmon, who was previously with the Volcafe/ED
& F Man group, will manage the Brazilian business.
Richard Ryan, CEO of Armajaro Trading Limited, commented:
"This is a natural and important evolutionary step for
Armajaro's coffee business. As the world's largest coffee
producer and exporter, Brazil is a key market. Our presence there will
enhance our ability to service the requirements of our international
coffee manufacturing and roaster clients." For more information,
visit www.penrose.co.uk.
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