What is the famous brand produced by Saputo
The Canadian dairy giant Saputo has sold 80% of its operations in Argentina to Peruvian group Gloria Foods for $630 million, significantly impacting the local dairy industry.
A multinational divests: Saputo, owner of iconic dairy brands, sold 80% of its business in Argentina for US$630 million
Canadian multinational Saputo has agreed to sell 80% of its dairy division in Argentina to Peru's Gloria Foods for approximately $630 million.
One of the largest dairy companies in the world sells La Paulina cheeses and the rest of its business in Argentina
Canadian dairy giant Saputo is selling a majority stake in its Argentine operations, which include the La Paulina brand, to Peru's Grupo Gloria, reducing its exposure in the country.