producer CLR Roasters, a subsidiary of Youngevity International, has bought a coffee plantation and a processing facility in Nicaragua.The processing facility has the capacity to process more than 30 million pounds of green coffee, which will be used to establish a green coffee sales and distribution platform within CLR Roasters.
CLR Roasters also bought a second plantation under contract that will double the size of its holdings.
Each 450-acre plantation produces 100% Arabica coffee beans that are shade grown, Rainforest Alliance Certified, and Fair Trade Certified.
CLR Roasters president Ernesto Aguila said the Rainforest Alliance Certified farm will enable the company to grow its coffee business and reach new heights.
"We are confident that this investment should strengthen our capacity to better control quality, improve yields, reduce costs and establish CLR Roasters as a premiere source for exceptional high-quality coffee," added Aguila.
Through the acquisition, the company will now be able to control the coffee production process from harvest to cup, in order to achieve its goal of ensuring consistent supply and quality coffee possible.
CLR Roasters had entered into a sourcing and supply agreement with the Siles Plantation Family Group in October 2013, whereby it intends to use its expertise in the day to day operations of the plantations and the processing plant.
