Peruvian Company Gloria Acquires Saputo Argentina to Expand in Latin America

The Peruvian company Gloria has taken a substantial step in expanding its influence in the Latin American dairy market by acquiring the Argentine operations of Saputo. This acquisition aligns with Gloria's strategic goal of increasing its presence in the region.

The deal was publicized on February 12, 2026, marking a pivotal moment for both companies. Gloria, already a major player in the Peruvian dairy industry, is leveraging this acquisition to strengthen its position across the continent.

Saputo, a Canadian dairy giant, has decided to divest its Argentine operations, which include key local dairy brands. The transaction allows Saputo to focus on other strategic priorities while giving Gloria an opportunity to enhance its product offerings and market reach in Argentina.

Argentina's dairy market is known for its robust production capabilities, and this acquisition positions Gloria to tap into these resources. The company aims to optimize the existing operations and potentially introduce new products to the Argentine market.

Both companies have not disclosed the financial details of the transaction. However, the move is expected to create a significant impact on the competitive landscape of the dairy industry in Latin America.

A spokesperson from Gloria stated, "This acquisition is a crucial part of our growth strategy, allowing us to build a stronger presence in Argentina and broader Latin America."