The dairy business changes owners: Mexicans arrive and Peruvians advance

And that is, precisely, one of the reasons why one of its leaders in dairy look for other sources of supply. And of course Argentina, with a dairy basin considered one of the most promising on a global level, quickly appeared in their plans.

As it is, he has just disembarked MIYM (Mexican Industries and Brands) that he acquired Karina Dairy and Aurora Dairy, two medium-sized firms from Santa Fe and the province of Buenos Aires respectively, in a first step to become strong in the Argentine market.

According to the specialized eDairyNews, after an extensive negotiation that began last year, the Mexicans managed to finalize the purchase of these two companies in a landing that took place in the most absolute secrecy.

He adds that “the idea of ​​the investors is to reinforce the presence of these brands, both in the local market and in the Mercosur, Chile and Colombia, in addition to taking advantage of the reverse production cycles between Mexico and Argentina to maintain constant product supply levels throughout the year.”

The arrival of the Mexicans reinforces the concentration process and foreign interest in Argentine dairy at a time when several offers are flying in the bankruptcy of SanCor.

The Gloria Group of Peru acquired 80% of Saputo Argentina in an operation valued at US$630 million, consolidating its regional expansion. The purchase included leading brands such as La Paulina, Ricrem and Molfino, along with two industrial plants and a commercial office in Brazil. Gloria is today a main player in the Argentine dairy sector.

Gloria occupies first place on the list of companies that process the largest number of liters of milk. Behind is Mastellone, historical leader and now 100% of the Arcor-Danone alliance. Also, Williner-Illolay, Punta del Agua, Noal, Adecoagro and Nestlé.

As for Mexicans and according to eDairyNews, powdered milk and cheeses would be the first focus, although it appears that They will advance in the development of new products.

MIYM is one of the leading companies in the production and packaging of milk and dairy products in Mexico. Founded in 2007 in Puebla, it stands out for its technological innovation. It has several very popular brands such as Delité, which covers whole milk, lactose-free milk, and combined dairy products. Also to Tivoli, for dairy formulas and La Flor de Xalapa and La Flor de México, for traditional dairy drinks.