BrandWikiReturn

Alvean

Alvean is a sugar trading firm, the largest sugar trading firm in the world (2023).[1]

History

Alvean was created as a joint venture between the Brazilian Copersucar and the American Cargill in 2014.[2]

In 2021 Reuters reported that the firm was responsible for 20% of the sugar trade.[3] Cargill sold its stake in Alvean to Copersucar in 2021.[3]

Governance

CEOs

  • 2017-2019:[4] Gareth Griffiths
  • 2019[4]-2023:[5] Paulo Roberto de Souza
  • Since 2023:[5] Mauro Angelo

References

  1. Isis Almeida, Dayanne Sousa. World's Top Sugar Trader Alvean Names Mauro Angelo as New CEO Bloomberg.com, 3 July 2023, retrieved 3 July 2023^
  2. Nathan Gray. Cargill and Copersucar finalise new joint sugar venture ConfectioneryNews.com, 2014-08-21, retrieved 2025-09-05^
  3. Roberto Samora, Marcelo Teixeira. Cargill sells stake in Alvean to Copersucar, leaves sugar trading Reuters, 30 March 2021, retrieved 3 July 2023^
  4. Emiko Terazono. Sugar trader Alvean names new chief executive www.ft.com, 20 March 2019, retrieved 2025-09-05^
  5. Isis Almeida, Dayanne Sousa. World's Top Sugar Trader Alvean Names Mauro Angelo as New CEO Bloomberg.com, 3 July 2023, retrieved 30 July 2023^