The owners of the leading soybean company bought 60,000 acres for $ 195 million

Gerardo and Ignacio Bartolomé, father and son, owners of Grupo Don Mario (GDM), the largest Argentine seed company and leader in soybeans also in Brazil, have bought the entire share package of the agricultural-livestock farm LIAG Argentina -from the Australian capitals. The operation was worth $ 195 million and encompasses 60,000 acres across the country.

as far as he could tell Clarione, 85% of the company was bought by Gerardo Bartolomé, who has just retired from the board of GDM Seeds. The remaining 15% was acquired by his son Ignacio, who took over the reins of GDM this year.

Liag Argentina is dedicated to agricultural livestock production on 50,000 hectares, most of it in northern Argentina. The operation provides for approximately 10,000 additional hectares to the production lots.

In total, every year, adding the different harvest seasons, it produces campaigns for 79,000 hectares – 30,000 are irrigated – in three different fields. One is located in Vedia, Buenos Aires, called “Las Balas” with 13,123 hectares; another, in Talavera, Salta, with “Finca Tolloche” of 41,080 hectares, and a third in Vicuña Mackenna, Córdoba, “El Consuelo”, of 9,346 hectares.

One year they produce 320,000 tons of cereals including soy, corn, wheat, sunflower, sorghum, legumes and cotton.

The Bartolomé family owns GDM Seeds, the country’s leading soybean nursery. And in recent years it has expanded to 15 countries. About 40% of the 125 million hectares of soybeans in the world have GDM genetics. The company, which employs 1,200 people, annual turnover of approximately 500 million US dollars and reinvests 25% in Research and Development.

It also markets corn in three countries – Argentina, the United States and Brazil – and wheat in two countries – Argentina and the United States, and now the challenge is to produce sunflowers in Europe.