Acquisition of Banco Mercantil Argentino; first investment in the banking sector.

Acquisition of Industrias del Vestir Argentino –IVA, the largest wool factory in Argentina.

Acquisition of 9.11% CEI (Citicorp Equity Investments). CEI was the third largest group in Argentina with interests in telecommunications, utilities, media and other industries.

Acquisition of 60% of the National Government’s Caja de Ahorro y Seguro.

Acquisition of an additional 11.43% in CEI (Citicorp Equity Investements).

A 20.54% stake in CEI was sold to Hicks, Muse, Tate & Furst, a well-known American private equity fund in the U.S.

Sale of Banco Mercantil and Banco Caja to Banco Sudameris.

Acquisition of the National Government's shareholding in the Caja de Ahorro y Seguro (30%),  on equal terms with Generali.

Acquisition of 48% in Sofora which indirectly controls 54.7% of Telecom Argentina.

Acquisition of Cachamai.

Acquisition of La Estrella by both La Caja de Ahorro y Seguro (50%) and the Werthein Group (50%).

La Estrella is the largest annuity insurance company.

Acquisition of Fleet-Bank Boston Argentina.

Sale of the stake in the Standard Bank Argentina to the Industrial and Commercial Bank of China, the world’s largest bank.

QBE ART Purchase.

La Caja ART rebranded as Experta ART.

Exit from Telecom Argentina.

150,000 square meters purchase in Núñez to build a major real estate project.

Acquisition of Confiar S.A. to market general insurance through Experta Seguros.

Sale of shareholding in TGS to the Safra Group. 

Experta Seguros expands further by launching insurance for cars. 

Werthein Technologies creation.

Acquisition of Vrio Corp, a business unit of AT&T.