Sumicol’s Acquisition of 51% stake in Agromil S.A.S.


Garrigues and Posse Herrera Ruiz advised on the deal

Agromil S.A.S., a Colombian company dedicated to the research, formulation, development and commercialization of fertilizer products, finalized the sale of 51% of its shares to Corona subsidiary’s Sumicol. The transaction’s value is undisclosed.

Organización Corona S.A. manufactures and sells tiles, porcelain products, and plumbing fixtures. It offers sanitary ware, floor and wall tiles, ceramic electric insulators, tableware, faucets, and raw materials for the production of ceramics. The company, led by Julio Manuel Ayerbe, is based in Bogota.

Garrigues advised Sumicol with a team led by Felipe Quintero (Picture).

Posse Herrera Ruiz advised Agromil with Jaime Cubillos, María Garrido and Arturo Umaña

Involved fees earner: Jaime Cubillos – Posse Herrera Ruiz; María Garrido – Posse Herrera Ruiz; Felipe Quintero Serrano – Garrigues;

Law Firms: Posse Herrera Ruiz; Garrigues;

Clients: Sumicol; Agromil SA;

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Author: Ambrogio Visconti.