El Refugio has been acquired by a local potato producer
February 2020 — The private shareholders of El Refugio have sold the property to a local producer. The transaction includes the shares of Colún and the real estate assets, which include approximately 1,600 cows, two rotating milking parlors, 20 houses (including the 700 m² main house) and a nine-hole golf course.
El Refugio is a 1,300-hectare dairy farm located in the south of Chile, with the appropriate climate, rain rate and temperature to produce milk. The region is also known for its unparalleled landscapes and a wide variety of animals and plants. The company owns approximately 2.2% of the shares of the largest dairy company in Chile, Colún. As part of the cooperative, these shares allow El Refugio to sell all its milk production, estimated at 14 million liters in 2018, to Colún.
Our role in the transaction
Oaklins’ team in Chile acted as advisor to the seller in this transaction.
Talk to the deal team
Related deals
Bharal Développement (Difagri) has acquired Dietagro
Bharal Développement Group, comprising the Difagri and Alinova brands, has acquired Dietagro as part of its build-up strategy to expand its industrial capabilities and further diversify its expertise across animal species and dosage forms.
Learn moreTecnosafra has been acquired by Tranorte
Tecnosafra Sistemas Mecanizados Ltda. has been acquired by Tranorte reinforcing their commitment to delivering agricultural equipment and high-quality service to producers across their regions. The integration expands geographic coverage, strengthens after-sales capabilities and enhances access to agriculture technologies, parts availability and field support teams.
Learn moreSunrise Eggs has been acquired by Agrova International
Sunrise Eggs, one of the UK’s best-established independent egg producers and distributors, has joined Agrova International AS, a European poultry and agri-foods group.
Learn more