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Holding Tonicorp is a leading company in the dairy product industry and one of the most important groups in the consumption sector in Ecuador.
The bottler announced that it has reached an agreement for the acquisition of a majority interest in the shares of Holding Tonicorp, a market leader with great tradition in the Ecuadorian high value-added dairy products segment.
Arca Continental announced today the inauguration of a new production line at its Guayaquil plant with an investment of approximately US$20 million. This, along with other investments in the past two years, will increase the Company’s production capacity by 35% in Ecuador.
Arca Continental Ecuador was certified by Empresa Eléctrica Quito for its self-generation energy project at the El Inca industrial plant.
The company fosters career development for young professionals in the Ecuadorian job market.
Arca Continental Ecuador, The Coca-Cola Company, and Tonicorp signed an agreement with the Ministry of the Environment to strengthen the circular economy and hydrological sustainability, and to work to mitigate climate change
The initiative, which was launched in collaboration with Coca-Cola Ecuador, Tonicorp, and government entities, impacted more than 17,000 entrepreneurs across the country in terms of their social and economic-commercial development.
The recognition for practices focused on gender equality was granted by the National Government of Ecuador to AC and Tonicorp.
Tonicorp, a company owned by Arca Continental and The Coca-Cola Company, and the Global Compact Ecuador have joined efforts to reduce the malnutrition gap in the country.