Buenos Aires, March 26 (NA) – The Minister of Economy, Luis Caputo, held a meeting with authorities from two major food industry groups. He discussed with them the “strategic agreement reached to acquire the majority stake in Mastellone Hermanos S.A.”. The official met with representatives of the Arcor and Danone groups, who “highlighted that this operation will improve commercial capacity”. A renowned food brand invests in production and creates 700 new jobs. The meeting also included the Secretary of Productive Coordination, Pablo Lavigne. Caputo’s message on X. Photo: Agencia NA (@LuisCaputoAR). “I held a very good meeting with executives from the Arcor and Danone groups, with whom we discussed the strategic agreement reached to acquire the majority stake in Mastellone Hermanos S.A.,” Caputo reported. Representatives of the Arcor and Danone groups highlighted that this operation will improve commercial capabilities and processes to accelerate the company’s growth in the sector. Additionally, they emphasized that “the strategy reaffirms the companies’ commitment to the country and will allow bringing quality dairy brands to more consumers in Argentina”.
Argentina's Economy Minister Discusses Major Deal in Food Industry
Argentina's Economy Minister Luis Caputo met with Arcor and Danone to discuss a strategic agreement to acquire a majority stake in Mastellone Hermanos S.A. This investment will create 700 new jobs and strengthen the company's market position.