With over US$400 million in debt and in creditor proceedings, SanCor reached an agreement with Córdoba-based Tonadita to resume production at three plants.
원본 콘텐츠
Amid a deep financial and operational crisis, and with a debt exceeding $400 million, the traditional dairy cooperative SanCor found a glimmer of hope. The Córdoba-based firm Elcor, manufacturer of the Tonadita brand, closed a strategic agreement with the cooperative to reactivate three of its inactive plants, as part of an alliance seeking to restore productive activity to the battered company. The agreement does not involve the sale of SanCor or changes to its corporate structure, but rather a commercial agreement to restart completely paralyzed manufacturing units. Elcor, based in Villa María, will provide raw materials, working capital, and its commercial structure to begin producing and distributing food under the historic SanCor brand. The first plants to be reactivated will be those in Devoto (Córdoba) and Villa Gobernador Gálvez (Santa Fe), while a third is still in the process of being defined. Production began last week, with butter as the first product, and cheeses and ...