Producer
Touton SA
Touton SA (Bordeaux, France; founded 1848; acquired by Hartree Partners — New York commodity trading firm — January 2026 with EU regulatory clearance) is a major French agro-industrial trading firm specializing in cocoa, coffee, spices, and vanilla. Touton trades approximately 10% of global cocoa volumes — making it the 3rd or 4th largest cocoa trader by volume despite being largely unknown outside the commodity trade. Most of Touton's employees are based in Africa, primarily in Ivory Coast and Ghana. Touton traded 150,000+ tonnes of "sustainable" cocoa beans in 2023-24. Hartree Partners' acquisition (Jan 2026, EU Competition clearance Jan 23) brings Touton into the expanding commodity finance and trading ecosystem. Touton posted net profit of €130M for fiscal year to March 2024 — up from €17M the prior year — benefiting from record cocoa price spikes.
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Cocoa Trading & Origination
50%Coffee Trading
30%Spices, Vanilla & Specialty
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Intelligence
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Did you know2026
Touton SA (Bordeaux, France; founded 1848) trades ~10% of global cocoa. In FY2024, as cocoa prices tripled, Touton net profit surged from EUR17M to EUR130M — a 665% increase from a single commodity price move. In January 2026, Hartree Partners (commodity trading firm) completed acquisition of Touton with EU clearance, concentrating a major share of global cocoa physical trading in a single financial buyer. Touton's origin trading relationships with West African smallholder farmers represent an irreplaceable sourcing intelligence asset taking decades to build.
Daily Coffee News ↗Origin2023
Touton SA was founded in 1848 in Bordeaux, France — then one of Europe's premier colonial trade ports — initially as a colonial produce merchant handling goods from French West Africa and the Caribbean. The company survived through French colonial transitions, two world wars, post-colonial African restructuring, and the commodification of cocoa and coffee markets in the 20th century by maintaining deep relationships with origination networks in Ivory Coast and West Africa. It remained privately owned (by the Touton family and management) for 177 years before being acquired by Hartree Partners (New York) in January 2026.
Touton SA ↗