The partnership provides long-term financing to Coopermil to seek new partnerships for the aggregation of value and the sustainability of the activities of the cooperative, as well as the consolidation strategy of Coopermil in its field of action.
SAN DIEGO, January 24, 2023 /PRNewswire/ — ETHOS ASSET MANAGEMENT INC UNITED STATES, announced a new long-term financing partnership with Cooperativa Mista São Luiz Ltda, “Coopermil”, a cooperative whose mission is to organize rural producers as the best form of management for small property. Ethos has committed to provide a significant capital injection that will continue for several years.
carlos Santos, CEO of Ethos Asset Management Inc, declared,
Being a cooperative and believing in the principles of cooperativism, Coopermil since its conception, cultivates the ideal of a slow, but solid, efficient and planned growth, following the orientations of the economy and the market, for the benefit of its associate and therefore , with his consent.
“This is an exceptional project that meets many investment and ESG criteria. The project concept is based on sustainability, meeting national and international technical needs. Coopermil is a limited liability association of producers and of retailers, which aims to contribute to its colleagues in the trade of goods and distribution of products, of unprofitable need For 2022, Coopermil aims for a growth of 3.7%, reaching a turnover close to 1.25 billion reais. The strategic plan will give priority to the search for new partnerships to add value and sustainability to the activity of the Cooperative, as well as to a strategy of consolidation of Coopermil in its field of action. Our decision to invest in this inspiring organization was facilitated by the impressive Ernani ThoberPresident, whose vision, passion and commitment as an Agronomist were exceptional.”
Ernani ThoberPresident, Coopermil, declared,
“As we are a Cooperative that brings together more than 4,200 small and medium-sized farmers, the partnership with Ethos Management will allow us to expand the work focused on the permanence of these farmers in rural activities with productivity and profitability. More than an injection of capital, this partnership opens new perspectives for the growth of the Cooperative and its members in the long term. I am sure that this is only the beginning of a great partnership.
Mayra Fonseca CoutoCEO of Ethos – South Americadeclared,
“The partnership with Coopermil makes us very proud. It is a Cooperative that has always experienced responsible and sustainable growth since its foundation in 1955. The project will not only help its 4,200 members, but will also generate new jobs, bring income to the region, ensure the expansion of activities in the sectors already explored and allow the current advantages to be extended to other producers. which strengthens Ethos’ interest and participation in this relevant economic sector activity for the Brazilian market.”
Alexander Caldas and Claudia Schwerz, Ethos Associates, South Americadeclared,
“It is an honor to have Coopermil as an Ethos partner. The way the CEO Ernani Thober and his team manage the company’s core business has had very positive impacts on the continuous creation of new jobs, exemplary sustainable development policies and social improvement in the environment of its operating bases. This project aimed at broadening the company’s activity center in the agro-food sector is proof of the versatility and diversified vision of the companies they are developing. »
About Ethos Asset Management Inc:
Ethos Asset Management (Ethos) is an independent US-based company with a global reach in resource mobilization and project financing.
For more information, visit https://www.ethosasset.com
About Cooperativa Mista São Luiz Ltda, “Coopermil”
“Cooperativa Mista São Luiz Ltda, was founded on August 27, 1955in the locality of Quinqüentenário, then district of Sainte-Rose, now a municipality of Tuparendi – RS. Initially, 47 associates were present, all related to agriculture.”
For more information, please visit http://www.coopermil.com/
contacts:
Ernani ThoberPresident, Coopermil:
E-mail [email protected]
Ethos United States:
Ethos Asset Management INC: Press
Desk [email protected]
+18585354814
SOURCE Ethos Asset Management Inc.
