Responsible Footprint Initiative

Responsible Footprint Initiative

As part of our efforts to connect supply and demand responsibly – as well as managing our environmental impact - COFCO International is working with producers to measure and validate the carbon footprint of its coffee supply chains in Brazil and Colombia, two of the world’s major producing counties.

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Day 1 of COFCO International

Day 1 of COFCO International

Today, April 24th 2017, our CEO Johnny Chi will launch COFCO International, a result of Nidera and COFCO Agri joining forces.

Johnny Chi: “Today, we embark on a journey to build on the past and embrace the future, to establish a brand new company based on solid foundation of COFCO Agri and Nidera, maximizing its strengths. We are fully committed to this new company”.

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Acquisition of Nidera completed

Acquisition of Nidera completed

The acquisition of Nidera by COFCO has been completed on 28 February, 2017. COFCO International announced today that COFCO has completed the acquisition of the remaining shares in Nidera on 28 February.

Dierk Overheu stepped down as CEO of Nidera and announced his retirement effective upon the closing.

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Acquisition Nidera officially approved

Acquisition Nidera officially approved

COFCO International (“COFCO”) announced today that all required regulatory approvals have been received, allowing COFCO International to acquire the remaining minority stake in Nidera Capital B.V. (“Nidera”), currently held by Cygne B.V.

The acquisition brings COFCO International’s ownership in Nidera to 100%.

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