Lamb Weston forms joint venture in Argentina to serve South American market
Lamb Weston Alimentos Modernos S.A. will sell frozen potato products under the Rapipap and Morixe brands.
Lamb Weston Holdings, Inc., Eagle, Idaho, formed a joint venture with Sociedad Comercial del Plata in Argentina to serve the South American market. Each partner will own 50% of the new joint venture, called Lamb Weston Alimentos Modernos S.A.
Lamb Weston Alimentos Modernos S.A. will sell frozen potato products under the Rapipap and Morixe brands, and will operate a manufacturing facility in Munro, Buenos Aires, Argentina, with annual capacity of approximately 130 million pounds of finished goods.