The company Morixe This Tuesday, December 9th, the process of increasing the share capital began through the issuance of 350 million sharesfor a par value of $1 per share and is expected to achieve that value a total subscription value of $10 million.
According to the company, the operation is intended to accompany the growth projects planned for 2026 and already implemented this year.
The capital increase will be carried out according to the rules set by the company National Securities Commission (CNV) and the Buenos Aires Stock Exchange, and takes place over a subscription period of 10 consecutive days, starting on December 9th at 10am and ending on December 18th at 3pm. The subscription price during this period is $43.
Ignacio Noel, Main shareholder of Silver commercial and from the Morixe food group, spoke to iProfessional and analyzed operations and reviewed the key investments the company made in 2025 and forecasts for 2026.
What is Morixe’s expansion plan?
In 2025, Morixe consolidated a year of strong expansion through three strategic activities: the takeover of Biomac SAa company specializing in organic frozen fruit and healthy food related businesses with significant exposure to the United States, Canada and Europe markets; the incorporation of Intertropicala Latin American food distribution platform with presence in Europe and projects in the United States; and the acquisition of the facility in which the Quaker oats in the Barracas estate (category led by Morixe), along with the acquisition of the brand magica pioneer in the polenta business who wants to strengthen itself through new launches in other categories.
These investments They allowed Morixe to continue its internationalization process, which began in 2023 with the landing in Uruguaywhich allows it to achieve a better balance between its operations in Argentina and its activities outside the country, expanding its product portfolio by expanding production capacity in high potential segments.
“All these activities aim to geographically diversify the places where Morixe sells its products,” said Noel, who explained that “the aim of subscribing to new shares is to finance part of the growth that Morixe will have.”
Ignacio Noel, major shareholder of Comercial del Plata and Morixe
Regarding the importance of diversification, Morixe’s main shareholder explained: “The annual billing of these companies represents 40% of all Morixe’s invoices. 40% of Morixe’s invoices are billed outside Argentina. And we believe that Argentina is on the path to a more open and competitive economy, exporting more products and importing more products. And that is the adaptation that Morixe is making to a more cosmopolitan economy.”
This adjustment, according to Noel, is one of the secrets of the company’s growth in a year marked by a decline in consumption and increased competition: “In an economy that is more open to the world in both imports and exports, we believe that a more open company, not exclusively focused on Argentina, will be more competitive and offer better prospects for investors.”
Subscription of shares, projects and notification to shareholders
One of the main contributors to the capital increase will be Sociedad Comercial del Plata, Morixe’s majority shareholder. In this context, Noel explained: “Comercial del Plata, as a shareholder of Morixe, will subscribe to a part and the current shareholders will subscribe to another part. When I bought the company in 2017, Morixe was already listed on the stock exchange and had around 600 shareholders; It currently has more than 18,000 shareholders. “The share base was highly diversified for the new shareholders, that is, those who have a right of first refusal.”
“In the event that they don’t want to subscribe, they sell their right of first refusal, which is a coupon attached to the stock they currently own, and there is another potential shareholder who buys and subscribes to that coupon.” But Comercial del Plata will subscribe to Morixe shares“said the businessman.
And he emphasized: “Morixe shareholders who originally have the right of first refusal on the new subscription can look at the history and see when Morixe launched subscriptions: I remember an incident a few years ago where the subscription price was $1 and the stock, subscription and all, was worth $150. Anyone who subscribed multiplied their capital 150 times. In general, the shareholder has received compensation for investing in food growth, not only in Argentina but also in other regions. Therefore, in the long run Morixe is, in my opinion, a safe bet for Argentina’s growth“.
Regarding the determination of the new funds that will arrive with this share subscription and future projects, Noel emphasized: “It depends on which company we do it through, the nature of the project changes.” The Barracas factory where Quaker was manufacturedthe brand of oats we bought from Pepsico, the projects there are producing new products.
“At another company, that is BiomacThere will be more commercial projects selling frozen fruit to the United States, where we are already doing so this year. And we plan to grow in the future. And the Spanish company focuses on the sale of food in Spain and to some extent in the rest of Europe: the idea is to increase these sales. Therefore, it depends on which company we focus on. But we have projects in all projects,” he added.
The secret to growth in a complex year and the prospects for 2026
In a challenging environment for mass consumption and the food industry Morixe maintained positive results in the first nine months of the year. Noel explained what “Secret“To achieve this: “I believe that you always have to adapt to the context in which you operate. Companies have to adapt to the country in which we operate. Adapt as quickly as possible so that everything runs as well as possible. Therefore, in our product list we have some whose sales have increased and others whose sales have decreased. Basically it depends on the situations that arise in each of these markets.”
And he analyzed how consumption varied depending on the product and target group: “Oats, olive oil for example, which increased their demand quite a bit; and others like flour, which has reduced demand. “I think it depends on which segment each product is primarily aimed at.”
Looking ahead to 2026, he was optimistic about the forecasts for both Morixe and the Argentine economy: “2026 should be better for Morixe, because there will be projects for which we subscribe shares and which will be fully operational next year.”
“And the Argentine economy in general will be better too, in my opinion. because it is a non-election year, and the non-election years are better for the economy because politics plays a more limited role,” he said.
And he concluded: “Both companies and people are more focused on their work and not so much on political speculation, which in Argentina strongly influences the market. By 2026, the context is known and that allows for more stable decision-making and working methods. Therefore, it should be a good year.”
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