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Peruvian company Gloria strengthens its regional presence with a major acquisition in Argentina. Peruvian firm Gloria Foods S.A. has announced an agreement to acquire 80% of the shares of Molfino Hermanos S.A., commercially known as Saputo Argentina, in a deal valued at approximately US$500 million.
Completion of the operation remains subject to approval by the relevant regulatory authorities, in line with standard requirements for transactions of this nature.
Saputo Argentina is one of the most recognized names in the country’s dairy industry, with a solid track record in the production and distribution of cheese and other dairy products, as well as a portfolio of well-known local brands and a nationwide market presence.
From Gloria’s perspective, the acquisition is part of a broader strategy to strengthen its regional positioning in the food business, particularly within the dairy segment, consolidating its footprint in one of Latin America’s most significant markets.
Source : Dairynews7x7 Feb 16th 2026 By our channel partner edairynews