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Alvean

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Alvean
Company typePrivate
Founded2014; 12 years ago (2014)
Key people
Mauro Angelo (CEO)
Websitealvean.com

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

History

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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

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CEOs

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

References

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  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. ^ Gray, Nathan (2014-08-21). "Cargill and Copersucar finalise new joint sugar venture". ConfectioneryNews.com. Retrieved 2025-09-05.
  3. ^ a b Samora, Roberto; Teixeira, Marcelo (30 March 2021). "Cargill sells stake in Alvean to Copersucar, leaves sugar trading". Reuters. Retrieved 3 July 2023.
  4. ^ a b Terazono, Emiko (20 March 2019). "Sugar trader Alvean names new chief executive". www.ft.com. Retrieved 2025-09-05.
  5. ^ a b 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.