SanCor Cooperativas Unidas Limitada

Location

SanCor Cooperativas Unidas Limitada is headquartered in Sunchales, Santa Fe, Argentina. The company operates five production facilities across the country, although these are currently underutilized due to ongoing financial difficulties.

Financial Indicators

As of 2023, SanCor is grappling with substantial financial challenges, with its debt surpassing $400 million. This financial instability has led to reduced daily processing levels to a historical low of 60,000 liters. The company is in dire need of financial restructuring and investment to overcome these challenges.

Important Company Events

SanCor has faced significant labor disputes due to unresolved issues surrounding unpaid wages and protracted salary negotiations, complicating the company's operational stability. Despite securing international export agreements, these have not yet effectively improved SanCor's financial condition. Additionally, a planned auction of over 400 metric tons of cheese was suddenly suspended, highlighting persistent operational issues. The company is under judicial scrutiny, with measures including asset inhibition and travel restrictions on board members.

Company Plans

SanCor is committed to forming strategic alliances to alleviate its debt and stabilize financial operations. The company intends to optimize efficiency at existing Argentine facilities and expand its reach internationally through partnerships. A key component of SanCor's recovery strategy includes exploring new distribution channels to support recovery and growth efforts. SanCor is actively seeking private investment as part of a broader strategy to ensure its resilience and future success within Argentina's competitive dairy industry. Recent discussions have been held with Adecoagro, focusing on potential investment and strategic collaboration.

Modified: 2025/05/18