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SanCor continues to negotiate its new structure

29 August 2018

The dairy cooperative SanCor is in the negotiation phase with several companies to avoid its bankruptcy. SanCor has announced that the negotiation process will be completed by the end of the year. At the moment, it is known that Adecoagro will no longer be a sole acquirer of SanCor, but it will be among the companies that will take over the cooperative, along with Arsa (belonging to Vicentin) and unnamed international companies. According to a new calculation, the total debt of SanCor reaches arg$ 20,000 million ($ 513 million).

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