Havanna, Maker of Argentina Famed Alfajor Treats, Mulls Sale (1)

Havanna, maker of Argentina’s most famous brand of the dulce de leche-infused confections known as alfajores, is exploring a sale of its operations in Latin America, including Argentina.

The company hired UBS BB Investment Bank “to analyze business alternatives,” Havanna said in a email statement to Bloomberg.

A Havanna Cafe in Buenos Aires, Argentina.

Photographer: Kevin Simauchi/Bloomberg

Havanna started its business in the 1940s, in the coastal city of Mar del Plata, and is best known for its version of alfajores — biscuits sandwiched with dulce de leche and covered in chocolate. The treats are a symbol of Argentine cuisine and line the shelves of duty-free shops ...