After nearly 30 years, Coffee Supreme, the Wellington-based coffee roastery, has new owners.
Pioneer Capital, a New Zealand-owned and operated investment company, recently acquired Coffee Supreme after considering a range of Environmental, Social and Governance (ESG) factors. With aligned values and a shared vision between the companies, the acquisition of Coffee Supreme was a logical decision for Pioneer Capital.
Tadpole specialises in helping Kiwi businesses thrive through sustainable transformation and we were brought in to support Pioneer Capital with their recent acquisition.
We carried out an ESG Assessment on Coffee Supreme’s operations and supply chain, providing extensive research findings on ESG best practice in the coffee industry, thorough interviews and a report containing our recommendations for the pending investment.
As a result, Coffee Supreme has joined the likes of Tom & Luke, Smartfoods (Vogel’s), Raglan Food Co and Rockit, adding to the already diverse range of Pioneer Capital investments. Tadpole looks forward to seeing this relationship develop between two leading Kiwi businesses.
If you or your business would like guidance on conducting your own ESG assessment or would like to understand how you can become a leader in the sustainability space, Tadpole can help. Contact Allan Birch on 021 930 992 or allan@tadpole.co.nz for a chat about the sustainability needs of your organisation.