Morixe Hermanos increased its capital by more than $10,000 million after completing the subscription process for new shares. This is a process that is embedded in a plan for the growth and expansion of their business.
The company, part of the Sociedad Comercial del Plata group, informed the National Securities Commission that it has completed the subscription period for its capital increase approved by the shareholders’ meeting in April, with the integration of 252.2 million new shares, for a total amount of $10,844 million. With this result, The company’s share capital will increase from $2,000 million to $2,252 millionas reported.
The transaction was part of an aggregate offering of 350 million Class B shares with a subscription price of $43 per share, consisting of par value and share premium. And although the deadline for exercising the subscription right was set for December 9th, it was extended to December 18th.
According to the company, the newly subscribed shares will be credited to investors’ accounts tomorrow, December 26, in accordance with the procedures of the Caja de Valores. Shares that have not been requested within the specified period will not be offered to third parties and the capital increase is limited to the shares actually contributed.
In the statement, Morixe also clarified that there have been no significant changes in its equity or financial situation since the publication of its last balance sheet on September 30. The company demonstrated this in this report The nine-month period ended with net income of $3,146 million and total income of $4,451 milliondue to differences in currency translation of assets; while financial results were negative by $7,055 million due to interest, exchange rate differences and the impact of inflation on monetary items.
“These figures show a decline in margins as a result of an economic environment characterized by strong competition, declining inflation and declining consumption, which is still declining compared to previous years (-3.3% of cumulative mass consumption in September 2025 compared to September 2024), influenced mainly by the decline in the purchasing power of wages,” the company noted in the balance sheet.
They also made it clear that the volume was influenced by “a withdrawn consumption that cannot be restored“Morixe recorded an improvement in participation rates in the different markets in which it competes. “Morixe increased its market share in flours and doughs by 30% and 55%, respectively, in the first half of 2025 compared to the same period last year, although the total market volume fell by 18% and 2%, respectively, during this period,” they clarify.
In their latest financial report, Morixe Hermanos stated that they are in the middle of a growth plan. Evaluation of investment projects and implementations for both foreign and local markets.
Three months ago, food company Elaboradora acquired Argentina de Cereales, the historic company that came under PepsiCo’s orbit in the 2000s after its global merger with Quaker. The operation included an industrial facility in the Barracas district of Buenos Aires and a brand portfolio led by Mágica in the polenta market.
The company previously acquired 70% of Intertropica Colombiana, a distributor of Latin American foods in Europe, in August. to facilitate entry into the European market and the United States.
In March, the company acquired 60% of Biomac with the aim of strengthening its presence in the local and international markets. With more than 20 years of experience in the frozen fruit and organic certified products market, the company serves more than 1,400 customers in Argentina.
And two years ago, the company bought 100% of Gibur’s shares for $4.5 million. It is a historic Uruguayan food company focused on olives, tomato paste, dressings and fruit juices, existing since 1982 and having more than 400 active customers in its portfolio.
Morixe Hermanos was founded in 1901 and was listed on the Buenos Aires Stock Exchange in 1961, where the company has around 18,000 registered shareholders. Since July 2023 it has been part of the Sociedad Comercial del Plata group, which Its main shareholder is Ignacio Noel.
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