Mercon Coffee eyes sale of Mercafe Vietnam for $9.75 million

By Sarah Lizee

Olympia, Wash., April 10 – Mercon Coffee Corp. is seeking approval to sell the entire issued share capital of Mercafe Vietnam Ltd. to Cocfo Ltd., according to a motion filed Tuesday with the U.S. Bankruptcy Court for the Southern District of New York.

The purchase price would include a base cash amount of $9.75 million.

Based in the Netherlands, Mercon is a vertically integrated global green coffee supplier. It filed bankruptcy on Dec. 6 under Chapter 11 case number 23-11945.

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