Deal #895

Location #1

Spatial accuracy level
Administrative region
Location
La Libertad, Perú

Target country
Peru
Comment on location
La Libertad (Ascope)

Land area

Size under contract (leased or purchased area, in ha)
[2013] 11000
Size in operation (production, in ha)
[2013] 11000

Intention of investment

Intention of investment
Biofuels, Food crops, Industry

Nature of the deal

Nature of the deal
Outright Purchase
Comment on nature of the deal
Thomas Siron: the enterprise's statute changed from cooperative to private enterprise. The opening of capital allowed large groups with financial capacity to take the control of the enterprise. Changes in property of capital meant changes in property of land, and concentration of both, provoking something like a counter-agrarian reform.

Negotiation status

Negotiation status
[2007] Concluded (Contract signed)

Implementation status

Implementation status
[2007] In operation (production)

Operating company

Comment on investment chain
Cartavio was first a colonial hacienda, then it passed through a capitalization and increase process, then it was transformed in agrarian cooperative during the agrarian reform process, and then it was privatized and transformed into an "anonymous society" (SA) in the 1990's, by a decision of its members. Then the structure (and nature) of capital changes, and now, the major shareholder is Gloria Group. There is an obvious process of concentration of land and capital.

 

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Data source #1

Data source type
Research Paper / Policy Report
File
Date
2009-01-01
Comment on data source
"La gran propiedad vuelve al campo", in: La Revista Agraria n°107, CEPES (Centro Peruano de Estudios Sociales), May 2009

Data source #2

Data source type
Company sources
File

Data source #3

Data source type
Company sources
File

Data source #4

Data source type
Media report
File

Data source #5

Data source type
Research Paper / Policy Report
File

Data source #6

Data source type
Company sources
File

Data source #7

Data source type
Company sources
File

Former land owner (not by constitution)

Former land owner
Private (large-scale farm)
Comment on former land owner
Thomas Siron: private enterprise converted into cooperative under the agrarian reform (1969-74) and then privatized through state intervention

Former land use

Former land use
Commercial (large-scale) agriculture

Former land cover

Former land cover
Cropland

Detailed crop, animal and mineral information

Crops area
Sugar Cane

Use of produce

Has export
Yes

In country processing of produce

In country processing of produce
Yes
Comment on in country processing of produce
AGF (Agrofuel production)

Overall comment

Overall comment
Import of error check - Reviewer's overview comment: See cell AC and comments to cell K about this type of case (888, 890, 895…)

May 14, 2018, 9:36 p.m.

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Feb. 5, 2018, 11:17 p.m.

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Feb. 4, 2016, 9:24 p.m.

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March 5, 2013, 10:52 p.m.

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Feb. 15, 2013, 5 p.m.

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