Danone and Arcor Form Joint Venture to Expand Dairy Market in Argentina

Danone and Arcor have announced a strategic alliance to establish a joint venture focused on Argentina's dairy market. This collaboration combines Danone's established dairy presence with Mastellone Hermanos' heritage in the sector. Together, they aim to create a fully integrated business that enhances innovation, operational excellence, and commercial reach.

The joint venture will tap into eleven production plants, facilitating new growth opportunities by producing a wide range of dairy products, including milk, dulce de leche, and yogurts. Danone and Arcor will each hold a 50% stake, ensuring equal control and representation in financial statements.

Danone’s CEO, Antoine de Saint-Affrique, emphasized the long-term potential of the partnership, while Arcor’s President, Alfredo Pagani, highlighted the strategy of enhancing high-value product development. The completion of the transaction awaits standard regulatory approvals.