Savencia closes Argentine cheese plant in El Trébol, 54 jobs cut

French dairy group Savencia, owner of Milkaut and Ilolay, is closing a cheese plant in El Trébol, Santa Fe, that employs 54 people. The decision, attributed to operational issues, follows the facility's acquisition from Ilolay's previous owners. This signals continued consolidation in Argentina's dairy sector amid economic pressures.