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Danone, Arcor Set Up Joint Venture in Argentina

MT Newswires·08/03/2026 03:43:21
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03:43 AM EDT, 08/03/2026 (MT Newswires) -- French food products company Danone (BN.PA) and Argentinian peer Arcor Group completed the formation of their planned 50/50 joint venture in Argentina. The collaboration brings together Danone's dairy business in Argentina, local dairy products manufacturer Mastellone Hermanos, and Danone and Arcor's common logistics unit, Logistica La Serenísima. The combined business aims to enhance commercial reach and operational performance.