Westrock Coffee Company, LLC said it plans to list in the United States by merging with a blank-check company, valuing the combined entity at $1.09 billion including debt. The Arkansas-based company plans to combine with Riverview Acquisition Corp. (NasdaqCM:RVAC).

The special purpose acquisition company (SPAC) raised $250 million in an initial public offering in August 2021 to target consumer companies. The transaction includes $250 million in common stock private placement in public equity (PIPE) commitments from NFC Investments, Westrock and Riverview founders and funds managed by Southeastern Asset Management, among others.