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Deal #3891 Version #64507

Colombia
Created at
2013-07-05
Last update
2019-06-28
Last full update
2023-08-22

Operating Company

Operating company
Name of investment project
Veracruz
Comment on investment chain
Riopaila constituted 29 companies in Colombia to acquire 50000 hectares of land approximately, with the advice of the law firm Brigard & Urrutia. Simultaneously, Riopaila created companies in Spain and Luxembourg that own this initial 27 companies in Colombia. Finally, Riopaila owns the company in Luxembourg known as Asturias Holding Sarl. The companies at the lowest level are "leasing" the land to Riopaila in a contract for 30 years.
Network of parent companies and tertiary investors/lenders
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