It specializes in the production of foodstuff, sugar and chocolate confectionery, cookies and ice cream in 39 industrial plants throughout Latin America.
[6] In 2012, Arcor ranked 1st amongst the 100 most valuable companies of Argentina, according to the opinion of CEOs, financial analysts and journalists specialised in economics.
[7] Arcor was created on 5 July 1951 when a group of entrepreneurs, sons of Italian immigrants, opened the first candy factory in Arroyito, a city in Córdoba Province.
The partners and buyers of the 10,000 m2 factory were members of the Pagani Family: Amos, Renzo, Fulvio, and Elio, who decided to call the recently formed company Arcor, a name made from the combination of the first two letters of the word "Arroyito" and the first three of "Córdoba".
[10] Between the 1930s and the 1970s, the former Chocolate Aguila company developed a huge variety of products, manufacturing and commercialising more than 100 different items in its factory located in Barracas.
One year later, Arcor Group acquired "Dos en Uno", a Chilean leading company of sugar and chocolate confectionery, with a strong presence in the region.
[13] The political and economic crises which the large Argentine agro-industrial companies suffered by the end of 2001, hit Arcor badly.