Alqueri?a’s Acquisition of IFC’s Interest in the company


Posse Herrera Ruiz acted as Colombian legal counsel to the International Finance Corporation (IFC) on the deal Brigard Urrutia advised Alqueri?a

Alqueria executed the acquisition of the shares subscribed by IFC back in 2010 and 2018. An unrevealed portion of the purchase price was paid on closing and a remaining portion will be paid in different instalments.

Alqueria S.A. engages in the processing and commercialization of milk and derivatives, and other foods in Colombia. The company was founded in 1971 and is based in Cajicá, Colombia.

Brigard Urrutia advised Alqueria with a team including Carlos Urrutia (Picture) Angela Garcia and Luis Miguel Centanaro.

Posse Herrera Ruiz acted as Colombian legal counsel to the International Finance Corporation with a team including Jose Alejandro Torres and Camilo Lovera.

Involved fees earner: Luis Miguel Centanaro – Brigard & Urrutia; Carlos Urrutia Valenzuela – Brigard & Urrutia; Ángela García Páez – Gómez-Pinzón; Camilo Lovera – Posse Herrera Ruiz; José Alejandro Torres – Posse Herrera Ruiz;

Law Firms: Brigard & Urrutia; Gómez-Pinzón; Posse Herrera Ruiz;

Clients: Alqueri?a SA; International Finance Corporation;

Author: Ambrogio Visconti.