Danone, the French food and beverage firm, and Arcor, the Argentina-based food company, have announced a strategic alliance to create a 50:50 joint venture focused on the Argentinian dairy market. The agreement involves the acquisition of the remaining 51% stake in Mastellone Hermanos, the owner of the La Serenisima brand, from the Mastellone family and the Dallpoint fund. The partners previously held a combined 49% share in the company, following …































































