PROFILE |
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Next to Argentina's "Silver River" you'll find Molinos Rio de la Plata, the gold medalist among the nation's food companies. Molinos, Argentina's largest and oldest food producer, has operations in 19 food categories, such as edible oils, flour, frozen foods, and pasta. Its brand-name products, sold in 45 countries, include Blancaflor flour, Cocinero vegetable oil, Granja del Sol frozen foods, Matarazzo pasta, and Pindapoy fruit juices. In February 2001 Molinos agreed to acquire food company Lucchetti Argentina for $44 million. The Perez Companc family, who bought a controlling stake in Molinos from Brazilian grain and oil giant Bunge International in 1999, owns 63%.
COMPETITION |
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ConAgra Foods, Inc. (CAG)
Kraft Foods International, Inc. (dossier)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 650.00
1-Yr. Sales Growth: (23.1)%
Employees: 4,200
Revenue per employee: $154,761.90
KEY PEOPLE |
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Juan Manuel Forn
CEO
Anibal Rodriguez Melgarejo
CFO
CONTACT INFO |
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Uruguay 4075
B1644HKG Buenos Aires, Argentina
Phone: 54-11-4340-1100
Fax: 54-11-4340-1100
Online: Web Site
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