Overview
- Arcor and Bagley formally notified the CNV of their decision to exercise a purchase option for the remaining 51% of Mastellone Hermanos shares.
- The acquisition grants Arcor and Bagley complete ownership of the company behind the iconic La Serenísima dairy brand in Argentina.
- The 2015 call-and-put option agreement with Mastellone shareholders enabled this transaction, with the purchase price remaining undisclosed.
- This move strengthens Arcor and Bagley's position in Argentina's food sector, particularly in the strategic dairy segment, while aligning governance and market strategies.
- The acquisition reflects an industry trend toward consolidation and strategic alliances to enhance efficiency and scale in challenging economic conditions.