Ingredion signs joint venture with Grupo Arcor in South America
Ingredion and Grupo Arcor -- a leading confectionery exporter in South America -- have signed a joint venture agreement to broaden food and beverage ingredient offerings in Argentina, Chile, and Uruguay.
"We are pleased to announce our joint venture with Grupo Arcor, a leader and pioneer in the food industry,” said Jorge Elías, president of Ingredion’s South America region.
“We share similar values and are passionate about creating a world-class experience and offering ingredient solutions that deliver value for our customers. We look forward to combining Ingredion’s successful go-to-market team with our respective operations to strengthen our future for years to come.”