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Published on 5/3/2024 in the Prospect News Distressed Debt Daily.

Mercon Coffee seeks approval to sell some assets to StoneX Commodity

By Sarah Lizee

Olympia, Wash., May 3 – Mercon Coffee Corp. is seeking approval to sell certain assets to StoneX Commodity Solutions LLC, according to a motion filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

The purchase price would include a base cash amount of $5.43 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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