StoneX Launches Specialty Coffee Unit After Mercon Purchase

Broker StoneX Group Inc. is introducing a specialty coffee division following a purchase from Mercon Coffee Corp., which filed for Chapter 11 bankruptcy in New York late last year.

• Mercon Specialty has transitioned to StoneX Specialty Coffee, according to a LinkedIn post on Tuesday
  • “Leveraging decades of experience in the specialty green coffee industry and with established origin relationships in over 20 countries, this well positions us to empower independent roasters by sourcing and delivering the world’s finest coffee,” StoneX said in another post on LinkedIn
• A unit of StoneX purchased some contracts, inventory, equipment and intellectual property for ...