Mantecol is the brand name of a typical dessert of the cuisine of Argentina,[3] a sort of semi-soft nougat made from peanut butter.

Miguel named his business La Greco Argentina ("The Greek-Argentine"), being renamed to "Georgalos Hermanos" when the rest of the family arrived in the country.

[3] The name Mantecol came after a neighbor of Georgalos gave her opinion about the dessert, saying that it "tasted like butter" ("manteca" in Latin American Spanish).

[3] In July 2022, it was announced that Mondelez had sold part of its business in Argentina, with its plant in Victoria, Buenos Aires, being acquired by Georgalos.

With that operation, Georgalos also acquired other popular candy brands such as Bazooka, Palitos de la selva, Lengüetazo and Jirafa.