Leading Coffee Brand in the Dominican Republic Expands US Distribution
CoffeeNetwork (New York) - The Dominican company Industrias Banilejas (Induban) signed an agreement with Goya Foods for the exclusive distribution of Café Santo Domingo brand products in the northeastern region of the United States. Café Santo Domingo is one of the island's most important coffee brands and is considered its most emblematic inside and outside the Dominican Republic.
Although the brand already had a good presence in the region, the agreement signed by Joseph Pérez, Senior Vice President of Goya Foods and Manuel Pozo Perelló, Executive President of Induban, will expand its distribution, which will give access to millions of people living in the Northeast of the United States, many who will be introduced to the Dominican brand and its products for the first time.
Also present at the signing of the agreement were Eddie Pacheco, Goya Foods Sales Execution Manager and Nelson de los Santos, Induban's International Market Sales Manager.
In recent years, Goya Foods has expanded its offering by adding leading food brands from Latin America to its roster. These brands, which now include Café Santo Domingo, will reach thousands of points of sale, such as independent supermarkets, regional supermarket chains and national chains.
Café Santo Domingo is considered a Caribbean coffee brand and combines the best coffees beans roasted to perfection, with a complex aroma combining hazelnuts, caramel, and vanilla. Its taste strikes the perfect balance between the natural sweetness, soft acidity, and the subtle characteristic bitterness of coffee.
"This agreement places Café Santo Domingo in a privileged position, being one of the first distinctly Dominican brands capable of reaching the vast United States market through a leading distribution company in this country," said Pozo Perelló, who also highlighted the significant milestone that this agreement means for both the company and for the Dominican Republic.
Similarly, Pozo Perelló indicated that the size of the coffee consumption market in the United States and the possibility of having an exceptional distribution chain, are a unique opportunity. He also stressed that this effort is part of an aggressive expansion strategy in the United States, which includes direct sales through Amazon, the leader in e-commerce sales.
Alexis Rubinstein
© 2020 StoneX Group Inc. All Rights Reserved.
The StoneX Group Inc. group of companies provides financial services worldwide through its subsidiaries, including physical commodities, securities, exchange-traded and over-the-counter derivatives, risk management, global payments and foreign exchange products in accordance with applicable law in the jurisdictions where services are provided. References to over-the-counter (“OTC”) products or swaps are made on behalf of StoneX Markets LLC (“SXM”), a member of the National Futures Association (“NFA”) and provisionally registered with the U.S. Commodity Futures Trading Commission (“CFTC”) as a swap dealer. SXM’s products are designed only for individuals or firms who qualify under CFTC rules as an ‘Eligible Contract Participant’ (“ECP”) and who have been accepted as customers of SXM. StoneX Financial Inc. (“SFI”) is a member of FINRA/NFA/SIPC and registered with the MSRB. SFI is registered with the U.S. Securities and Exchange Commission (“SEC”) as a Broker-Dealer and with the CFTC as a Futures Commission Merchant and Commodity Trading Adviser. References to securities trading are made on behalf of the BD Division of SFI and are intended only for an audience of institutional clients as defined by FINRA Rule 4512(c). References to exchange-traded futures and options are made on behalf of the FCM Division of SFI . StoneX is a trading name of StoneX Financial Ltd (“SFL”). SFL is registered in England and Wales, Company No. 5616586. SFL is authorized and regulated by the Financial Conduct Authority [FRN 446717] to provide to professional and eligible customers including: arrangement, execution and, where required, clearing derivative transactions in exchange traded futures and options. SFL is also authorised to engage in the arrangement and execution of transactions in certain OTC products, certain securities trading, precious metals trading and payment services to eligible customers. SFL is authorised & regulated by the Financial Conduct Authority under the Payment Services Regulations 2017 for the provision of payment services. SFL is a category 1 ring-dealing member of the London Metal Exchange. In addition SFL also engages in other physically delivered commodities business and other general business activities which are unregulated and not required to be authorised by the Financial Conduct Authority. StoneX Group Inc. acts as agent for SFL in New York with respect to its payments services business. StoneX APAC Pte. Ltd. acts as agent for SFL in Singapore with respect to its payments services business. ‘StoneX’ is the trade name used by StoneX Group Inc. and all its associated entities and subsidiaries.
Trading swaps and over-the-counter derivatives, exchange-traded derivatives and options and securities involves substantial risk and is not suitable for all investors. Past performance of any futures or option is not indicative of future success. Indicators are not a trading system and are not published as a specific trade recommendation. The information herein is not a recommendation to trade nor investment research or an offer to buy or sell any derivative or security. It does not take into account your particular investment objectives, financial situation or needs and does not create a binding obligation on any of the StoneX group of companies to enter into any transaction with you. You are advised to perform an independent investigation of any transaction to determine whether any transaction is suitable for you. No part of this material may be copied, photocopied or duplicated in any form by any means or redistributed without the prior written consent of StoneX Group Inc.
© 2026 StoneX Group Inc. All Rights Reserved.