Cooperative Seeks to Acquire Cotar Plant to Secure Jobs

The cooperative, consisting of former employees of Cotar, has made a formal offer to the judiciary to acquire the plant and key assets of the historic dairy company based in Rosario. This initiative is part of a broader strategy to stabilize the company, safeguard 128 existing jobs, and expand its production activities.

The offer signifies a crucial step in the cooperative's efforts to maintain operational continuity and enhance its productive capacity. The cooperative emerged after the previous management faced financial difficulties, leading to a restructuring of the company.

The acquisition plan is focused not only on retaining the current workforce but also on driving growth in production to ensure the long-term viability of the operations. Previous attempts to stabilize the company's financial position had been challenging, making this bid an essential move for securing its future.

The cooperative's approach is centered on leveraging the existing infrastructure and workforce expertise to reinvigorate the brand and its market presence. The cooperative members believe that acquiring the plant will provide the stability needed to pursue new market opportunities and strengthen their position in the dairy industry.

This development follows a series of efforts by the cooperative to engage with stakeholders, including potential investors and local authorities, to support their acquisition and operational plans. The cooperative remains optimistic about its ability to navigate the complexities of the acquisition process and achieve its objectives.