Morixe Hermanos SA
0.01
USD
0.00
(0.00%)
ISIN
ARP698141040
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
ARS
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in mil. unless spec.Working Capital
ARS
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in mil. unless spec.Growth Rates
ARS
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Ignacio Noel
- Sector
- Process industries
- Industry
- Agricultural commodities/Milling
- Address
- Buenos Aires Argentina
- IPO Date
- Mar 15, 1994
- Website
- morixe.com.ar
- Similar Companies
- Business
- Morixe Hermanos S.A.C.I. is an Argentina-based consumer goods and agribusiness company engaged in the manufacturing, processing, packaging, and commercialization of a diversified portfolio of packaged foods and agricultural staples for retail, wholesale, and industrial markets. The company operates across two principal divisions: Mass Consumer Products and Agribusiness and Industrial Foods. Its core product offering is organized into multiple systematic categories: packaged wheat flours, including 000, 0000, self-rising, and whole wheat flours; specialty corn flours, including pre-cooked white and yellow corn flour; edible oils and condiments, including extra virgin olive oil, refined sunflower oil, culinary vinegars, and balsamic glazes; dry durum and semolina pastas; breading products, including breadcrumbs and specialized batters; bakery and confectionery premixes, including sponge cake, brownie, and pizza dough mixes; oat products, including traditional, instant, and rolled oats; dehydrated potato flakes and frozen potato products; canned foods, including table olives, mushrooms, hearts of palm, bell peppers, tuna, and fruit in syrup; dry grains and legumes, including lentils, peas, chickpeas, and polenta; and quick-frozen fruits and vegetables. The company markets its products primarily under its flagship umbrella brand Morixe, alongside proprietary brands such as Gibur, Rigby, Mágica, and Biomac, distributing to mass grocery retailers, convenience store chains, cash-and-carry wholesalers, and foodservice operators. Founded in 1901 and headquartered in Buenos Aires, Argentina, Morixe Hermanos operates as a subsidiary of the Argentine holding company Sociedad Comercial del Plata S.A. The company utilizes a hybrid operational footprint comprising 12 proprietary industrial plants and strategic third-party manufacturing agreements across Argentina, Uruguay, and neighboring regional hubs, anchored by a primary wheat milling complex in Benito Juárez, Buenos Aires Province, and olive groves and processing installations in La Rioja Province. In addition to supplying its domestic network of over 50,000 retail points of sale across the Mercosur region, the company maintains active export channels to international markets, including Brazil, Uruguay, Paraguay, Bolivia, Chile, the United States, and the European Union. In recent corporate and strategic developments, holding conglomerate Sociedad Comercial del Plata acquired a 78% majority controlling stake in Morixe Hermanos in July 2023 for approximately 18 million USD, repositioning the business as the primary agribusiness and consumer staples growth engine of the group. Under this corporate structure, the company has undertaken an aggressive inorganic expansion program: it acquired Uruguayan food manufacturer and distributor Gibur S.A. to deepen its presence in the Southern Cone; purchased an industrial oat processing plant in Barracas, Buenos Aires, along with the Mágica brand; acquired a 60% controlling interest in Biomac, expanding into the frozen organic fruit, vegetable, and healthy food export sectors; and acquired Spain-based food distributor Intertrópico Colombiana to establish a direct commercial platform for product distribution across Iberian, European, and North American markets.