US agrochemical group Monsanto has purchased Semillas Cristiani Burkard (SCB), the leading producer of hybrid corn seed in Central America.
US consulting group FTI is moving further into Latin America, with the acquisition of Colombia's Gravitas.
Private equity group Arctas-Paragon Investments has bought Enron's stake in Colombian gas distributor Centragas.
Colombian firm Lewin & Wills Abogados has promoted Adrian Rodriguez to partner. Rodriguez becomes the fifth partner at the firm, which appears in LATIN LAWYER 250-a guide to Latin America's leading business law firms.
Disproving the claim that Colombian arbitration always favours private companies, a local arbitration tribunal has ruled in favour of state oil company Ecopetrol and gas company Ecogas. The plaintiff was Gases de Boyacá y Santander SA (Promigas), and the dispute centred on the amendment of tax laws. The decision was given on August 20.
Noel SA, a food company that has been in business since 1916, has together with its affiliates completed a 100 per cent takeover of Rica Rondo Industria Nacional de Alimentos SA. The deal closed on July 10.