Gloria Foods has finalized the acquisition of 80% of Saputo Argentina for US$500 million. The deal includes Saputo Argentina’s industrial assets, well-known dairy brands, and established commercial platform. This acquisition is expected to significantly boost Gloria Foods’ regional growth strategy. The transaction strengthens Gloria Foods’ position in the South American dairy market. Financial details beyond the purchase price were not disclosed. Both companies anticipate a smooth integration process following the completion of the sale. The move signals Gloria Foods’ continued investment in the Argentinian food sector.