Development
Italian immigrant Antonino Mastellone, a cheese-maker from Sardinia who arrived in Argentina in 1925, started producing mozzarella and ricotta in his home of General Rodríguez, a pampas city west of Buenos Aires. Mastellone delivered the products himself to Buenos Aires by train, selling it in La Boca, Barracas, and San Telmo neighborhoods, where most part of Italian immigrants had settled and were consumers of those cheeses.
Antonino Mastellone married Teresa Aiello on October 26, 1929, and that date was set as the official for the establishment of the company. Mastellone brought his first delivery truck in 1935, and incorporated the company in 1942; Mastellone named his venture in honor of La Serenissima, a World War I-era Italian Air Force battalion which on orders to bombard Vienna, released a load of fliers urging peace, instead. The battalion itself had been named for the medieval Republic of Venice, which was widely known as La Serenissima (though the word also translates as the "most serene," or peaceful).[5]
By 1960, the company had become one of the few in Argentina which mass-produced pasteurized milk, allowing it to sell the product year-round.[5] Establishing its own research laboratory in 1964, La Serenísima became the first in Argentina to provide nutritional facts on each bottle. In 1978, Mastellone Hnos. acquired rights to brand name La Martona, which having been established in 1889, was the first dairy company of Argentina.[6] La Martona had ceased operations in 1978, after it was declared bankruptcy due to its debts. Nevertheless, Mastellone Hnos. did not market La Martona products until 2019, when it released an economic line of milk.[7]
The company pioneered the sale of lactose-free milk in Argentina in 1984, became the market leader in the sale of yogurt (whose local consumption more than doubled between 1983 and 1988) and introduced cultured milk locally, in 1988.[8] La Serenísima also introduced large-scale organic dairy farming in Argentina, in 1994, and became the first to fortify its products with iron sulfate.[5]
Expanding its products
In 1994, La Serenísima began selling not-from-concentrate, perishable juices through a joint venture with Tropicana (then owned by Seagram). It was a natural partnership between Argentina's largest dairy company (with perishable product distribution capabilities and expertise) and the world's best known premium juice brand. The venture, formed by Pascual Mastellone and Mike Harbison (of Tropicana), later ended after Tropicana was acquired by PepsiCo which, without chilled product knowledge, focused only on more generic "ambient" products (including juice beverages) similar to soft drinks.[9]
The company entered into a joint venture with French retail foods giant Danone for the sale of yogurt and desserts, in 1996. It continued to develop new products for the local market, such as phytosterol-enriched milk in 2000, juices for infants, in 2001, and linoleic acid-enriched milk, in 2003. It also became more active in public service efforts, such as in the establishment of an environmental impact bureau in 2002, and of a fund-raising effort for the non-profit Favaloro Foundation, in 2003.[5]
