Saturday 04 May 2024
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ASIA – Yoma Strategic signs conditional joint-venture agreement with ED&F Man to grow coffee in Myanmar

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Its wholly-owned subsidiary, Volcafe, supplies mainstream Arabica and Robusta coffees to most of the top international coffee-roasting companies, including Nestle, Folgers, Starbucks and Kraft, and sources and supplies speciality gourmet coffees from a number of origins.

With operations in 14 of the top 20 global coffee plantations and sales offices in all the major consuming regions, Volcafe has access to 92% of the world’s coffee producers and 80% of the world’s coffee consumers.

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About Kokubu

Established in 1712, Kokubu is one of the largest companies in Japan engaging in the food distribution business. With over US$15 billion of sales annually, Kokubu is engaged in wholesaling (liquor products, processing foods, perishable foods, confection, related consumer goods and material), import/export, food manufacturing.

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Kokubu has about 600,000 product assortment and distributes to 35,000 outlets. In addition to Japan, Kokubu currently operate their logistics and wholesale businesses in China and Vietnam.

About Yoma Strategic Holdings Ltd. (www.yomastrategic.com)

Listed on the Main Board of the Singapore Securities Exchange Trading Limited (SGX-ST), Yoma Strategic Holdings Ltd is a leading business corporation with real estate, agriculture, automotive and luxury tourism businesses in Myanmar and the People’s Republic of China.

Together with its partner, the SPA Group, the Group is taking a conglomerate approach to build a diversified portfolio of businesses in Myanmar

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