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Arcor is owned by Grupo Arcor S.A., headquartered in Argentina. No. The ultimate owner of Arcor, Grupo Arcor S.A., is headquartered in Argentina, not in the United States.
Grupo Arcor is a leading food group in Argentina and the world's largest producer of hard candies and one of the main confectionery producers in Latin America.
Sources: en.wikipedia.org, arcor.com
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