Alvean

Alvean
Company typePrivate
Founded2014; 10 years ago (2014)
Key people
Mauro Angelo (CEO)
Websitealvean.com

Alvean is a sugar trading firm. As of 2023, it was the largest sugar trading firm in the world,[1] and in 2021 Reuters reported that the firm was responsible for 20% of the sugar trade.[2]

Alvean was created through a joint venture between Brazilian firm Copersucar and American firm Cargill.[3] Cargill sold its stake in Alvean to Copersucar in 2021.[2]

Mauro Angelo became CEO of the firm in July 2023, replacing Paulo Roberto de Souza.[4]

  1. ^ Almeida, Isis; Sousa, Dayanne (3 July 2023). "World's Top Sugar Trader Alvean Names Mauro Angelo as New CEO". Bloomberg.com. Retrieved 3 July 2023.
  2. ^ a b Samora, Roberto; Teixeira, Marcelo (30 March 2021). "Cargill sells stake in Alvean to Copersucar, leaves sugar trading". Reuters. Retrieved 3 July 2023.
  3. ^ Gray, Nathan (21 August 2014). "Cargill and Copersucar finalise new joint sugar venture". confectionerynews.com. Retrieved 3 July 2023.
  4. ^ Almeida, Isis; Sousa, Dayanne (3 July 2023). "World's Top Sugar Trader Alvean Names Mauro Angelo as New CEO". Bloomberg.com. Retrieved 30 July 2023.