Ethos Asset Management Inc., USA, Announces Deal with The Cooperativa Mista So Luiz Ltda, Coopermil , a
PartnershipProvidesLongTermFinancing toCoopermil to search for new partnerships for the aggregation of value and sustainability of the Cooperative's business, as well as Coopermil's consolidation strategy in its area of action.
SAN DIEGO, Jan. 24, 2023 /PRNewswire/ -- ETHOS ASSET MANAGEMENT INC USA, announced a newlong-term financing partnership with The Cooperativa Mista So 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 providing significant capital infusion that will continue for several years.
"This is an exceptional project that meets many investment and ESG criteria. The project's concept is based on sustainability, meeting national and international technical needs. Coopermil is a limited liability association of producers and retailers, that aims to contribute to its fellows into commerce of merchandise and distribution of products, of nonprofitable need. For 2022, Coopermil has targeted growth of 3.7%, reaching a turnover close to R$ 1.25 billion. The strategic plan will prioritize the search for new partnerships to add value and sustainability to the Cooperative's business, as well as a strategy to consolidate Coopermil in its area of action. Our decision to invest in this inspirational organization was made easy by the impressive Ernani Thober, President, whose vision, passion and commitment as an Agronomist was exceptional."
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