
Polar companies acquired two paste production and precooked corn production plants in Barranquilla that belonged to the Colombian group Rafael del Castillo & Cia SA This investment is another step towards the expansion that the Venezuelan company has been carrying out for more than 35 years in the Colombian market.
Lorenzo Mendoza, executive president of Polar companies, stressed: “It is a great challenge for the company to replicate our solid trajectory, expertise and knowledge in the mass consumption market and maintain world -class operational excellence that characterizes us in other increasingly competitive markets. ”
“We are a Venezuelan company, with our roots here, in constant expansion of its operations to continue transforming livescarrying quality products and providing unique experiences to consumers in the world. The consolidation of our operations with global standards, where our Venezuelan quality and stamp crosses more and more borders, without a doubt, represents a pride for polar companies, ”he said.
“We will continue to seek opportunities that meet the needs and preferences of consumers both in Venezuela and in the rest of the countries where we maintain operations,” said Mendoza.
With this purchase, Polar companies strengthens its presence in Colombia and Latin Americaas a reference in the food sector, and guaranteeing the supply of products that meet market expectations, maintaining the service and quality that characterize it.
For Mendoza, The global company demonstrates once again, its confidence and commitment in the potential of international markets, promoting agriculture in the region, generating new job opportunities and promoting industrial capacities in the Colombian Caribbean to improve attention to local customers and strengthen exports to Central America, Caribbean and the US.
Polar companies is the first world producer of precooked corn flour and has a wide product portfoliowith brands present in more than 100 countries. For several decades it has had commercial operations both in Venezuela and Mexico, the United States, Colombia, Spain, Panama, Curacao, Aruba, Bonaire, Peru, Chile and Ecuador.
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