GSX Facilitates Sale of Mercon Coffee Assets in Vietnam

Great Southern Cross Commodities Facilitates Successful Sale of Mercon Coffee Assets in Vietnam

Since December 2023, Great Southern Cross Commodities' (GSX) Managing Director, Henry Walsh, has been acting as the Chief Liquidation Officer for the Mercon Coffee Group, which unfortunately filed for Chapter 11 Bankruptcy on December 6th, 2023. GSX successfully introduced and negotiated the sale of Mercon's Vietnam assets including the team, warehouses and the franchise, to Sucafina SA in Switzerland for $9.8m

We would like to thank the team at Sucafina for their patience in a small but complicated transaction. We are confident the Vietnam business will continue to thrive under Sucafina's stewardship.

Special thanks to the team at Rothschilds for their assistance advising on the transaction.