Grupo Suramericana S.A.’s $69.8 Million Acquisition of Seguros Sura S.A.

Demarest advised on the deal

Grupo Suramericana S.A. finalized the acquisition of Seguros Sura S.A. for $69.8 Million.

Grupo de Inversiones Suramericana holds investments in leading Colombian companies as well as other important stakes in other countries of the Americas. The company, led by David Emilio Bojanini Garcia, Ricardo Jaramillo Mejia and Juan Luis Munera Gomez, in 2017 recorded $3.7 Billion Revenues.

Seguros Sura S.A. contracts and manages various life insurance products in the Republic of Peru. It also operates in the financial and real estate investments, and related activities. The company was founded in 2000 and is based in Lima, Peru.

Demarest advised Grupo Suramericana S.A. with André Alarcon (Picture) Carlos Eduardo Marino Orsolon, André Novaski and Lucas Parra.

Involved fees earner: André Alarcon – Demarest; Lucas Parra – Demarest; Carlos Eduardo Marino Orsolon – Demarest; André Araújo de Matos Novaski – Demarest;

Law Firms: Demarest;

Clients: Grupo de Inversiones Suramericana S.A.;

Author: Ambrogio Visconti.