Grupo Arcor

Arcor is an Argentine food company specialized in confectionery. The firm was founded on July 5, 1951 in the city of Arroyito, Córdoba. It specializes in the production of foodstuff, sugar and chocolate confectionery, cookies and ice cream in 39 industrial plants throughout Latin America. It is the world's top producer of hard candies[5] and the tenth-biggest confectionery manufacturer overall.[6] In Argentina, Arcor is the largest producer of processed foods, and its products are exported to over 120 countries.[7]

Grupo Arcor
TypePublic (S.A.I.C.)
Founded5 July 1951 (1951-07-05)
FounderFulvio Pagani
Headquarters,
Area served
Worldwide
Key people
Luis Pagani, Chairman & CEO
ProductsTypes:
Food, candies, chocolates, cookies, marmalades, desserts.
BrandsAguila[1]
Bagley[2]
La Campagnola[3]
Revenue3.2 billion USD (2015)[4]
6,549,300,000 Argentine peso (2019) 
Number of employees
19,700 (2019) 
SubsidiariesDos en Uno
Bagley
Mastellone Hnos.
Websitearcor.com

In 2012 Arcor ranked 1st. amongst the 100 most valuable companies of Argentina, according to the opinion of CEOs, financial analysts and journalists specialised in economics.[8]

History

Arcor was created on 5 July 1951 when a group of entrepreneurs, sons of Italian immigrants, opened the first candy factory in Arroyito, Córdoba Province. They decided to call it Arcor, a name made from the combination of the first two letters of the word "Arroyito" and the first three of "Córdoba".

In 1958, Arcor reached 60,000 kg of daily confectionery production and started producing different product lines

Arcor continued its expansion throughout South America by opening in 1995 a large candy manufacturing plant in Peru.

In 1997, Arcor acquired LIA, a cookies company in Argentina and inaugurated the Arcor Museum in Arroyito, province of Cordoba.

In 1998, Arcor Group acquired Dos en Uno, a Chilean leading company of sugar and chocolate confectionery, with a strong presence in the region.

The political and economic crises which the large Argentine agro-industrial companies suffered by the end of 2001, hit Arcor badly. Arcor was able to restructure its debt on December 1, 2008 with up to 5-year financing.

Arcor Group settled in Europe in 2002 through the opening of commercial offices in Barcelona, Spain.

Brands and products

Arcor Group Foodstuff Division participates in more than 12 categories, including: jams and marmalades, fruit paste, sauces and canned tomatoes, tomato purees, canned vegetables, canned fish, beverages, mixes, polenta, dressings, oils and fruits, among others.

The following is a list containing the brands and its products, manufactured and/or commercialized by Arcor:[9]

Brand Products
ArcorMarmalades, jams, powdered desserts, oils, sauces, tuna, canned fruits and vegetables,
biscuits, crackers, tomato purée, breakfast cereal, turrón
AguilaAlfajor, chocolate, ice creams
BagleyBiscuits, wafers, crackers, snacks
Bon-o-BonAlfajor, chocolate, wafers, ice creams, turrón
Butter ToffeesCandies
Cereal MixGranola bars, biscuits, crackers
CoflerAlfajor, chocolate, wafers, ice creams
DulcioraMarmalades
Generator RexChocolate
GodetPowdered ice cream, jelly, flan, dessert, sponge cake
KopaIce creams
La CampagnolaMarmalades, juices, canned fruits and vegetables, tuna,
salads, dulce de membrillo and batata, ice creams
ManáBiscuits
MenthoplusCandies
Mister Pop'sLollipops, ice creams
MogulCandies, ice creams
Poncho NegroDulce de leche
Presto ProntaPolenta
Push!Juices
RockletsSmarties, ice creams
SaladixSnacks
SalsatiTomato sauce, tomato purée
SerCrackers
SerranitasCrackers
TatínAlfajor
TofiAlfajor, chocolate, ice creams
ToplineBubble gum
TortitasCookies
TortuguitaChocolate, cookies, wafers

References

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