Archive · 11 Aug 2025
French Cocoa Trader Touton SA Is Put Up for Sale
Imagine a company called Touton that trades cocoa, coffee, and spices, which is over 170 years old.
They made a lot more money recently, like over 1,000% more!
Now, the company is for sale.
They got a big boost from the price of cocoa going way up because there wasn't enough cocoa being grown.
This caused the company's profits to go up a lot.
The sale is being handled by a bank called ING.
The company is owned by different people, and one of the main bosses, Patrick de Boussac, owns part of it.
Another company, Hartree, might buy it, but it's not sure yet.
The company had a great year because the price of cocoa went way up.
French cocoa trader Touton SA is reportedly being put up for sale.
The company's net income surged to €128 million in the year through March 2024.
Touton benefited from a significant increase in cocoa prices in 2023 and 2024.
ING Groep NV is managing the sale process.
Natapol Holdings Pte Ltd. is the largest shareholder of Touton.
- Who
- Touton SA, a cocoa, coffee, and spice trader.
- What
- French cocoa trader Touton SA is being put up for sale.
- When
- The sale is happening now, following increased profits in the year through March 2024.
- Where
- Based in Bordeaux, France.
- Why
- The sale comes after a significant profit increase due to rising cocoa prices.
Touton's Perspective
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Reasons for cocoa shortage
Touton's Perspective
Touton attributed the poor numbers to factors including prolonged rains, swollen shoot disease and an aging tree stock.
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Shift in land use
Touton's Perspective
Touton said output in Ivory Coast was also affected by a long-term shift in land use, with some growers replacing cocoa trees with more profitable palm plantations.
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Impact of illegal gold miners
Touton's Perspective
Touton said many farms in Ghana were taken over by illegal gold miners.
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- Company
- Touton SA
- Industry
- Cocoa, Coffee, Spices Trading
- Location
- Bordeaux, France
- Sale Managed by
- ING Groep NV
- CEO
- Patrick de Boussac
- Recent Net Income
- €128 million (year through March 2024)
- Major Shareholder
- Natapol Holdings Pte Ltd.