Gloria buys Saputo Argentina
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. The transaction, reached with Canada-based Saputo Inc., also includes the transfer of the company’s commercial…
Abundant Milk Output in US, Argentina, Australia Shapes 2026 Dairy Outlook
Milk production across major dairy exporting regions — the United States, Argentina and Australia — is set to remain robust through 2025 and into 2026, underpinning global milk supplies and shaping competitive trade flows. Analysts and industry reports highlight strong production trends in these key markets, even as other regions face mixed results. In the…