Arcor has established a joint venture with Ingredion to enhance its capabilities in the food ingredient sector, signaling a strategic move towards diversifying its offerings in response to changing market demands.

Information on the Target

Mercado Libre, founded by Marcos Galperin, has secured the top position in Apertura's exclusive ranking for 2021, marking a significant leadership shift from Arcor, which had historically dominated the list since its inception in 2003. The company achieved remarkable growth, with its market capitalization exceeding $100 billion as of January 2021, benefitting from a substantial increase in e-commerce activity triggered by the COVID-19 pandemic.

In the latest ranking, Mercado Libre excelled in all three subcategories, reflecting its robust reputation among business leaders, consultants, and journalists. The firm's dominance in core attributes such as economic solvency, innovation, and adaptability during the pandemic emphasizes its strategic positioning in the marketplace.

Industry Overview in Argentina

The Argentine economy has faced significant challenges during the COVID-19 pandemic, impacting various sectors including e-commerce. While historical leaders such as Arcor and Unilever ha

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Ingredion

invested in

Ingrecor

in 2021

in a Joint Venture deal

Disclosed details

Transaction Size: $300M

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