Track Record
1963

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

1970

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

1992

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.

1994

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

1997

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

1998

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

2000

Sale of Banco Mercantil and Banco Caja to Banco Sudameris.

2001

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

2003

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

2004

Acquisition of Cachamai.

2006

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.

2007

Acquisition of Fleet-Bank Boston Argentina.

2012

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

2015

QBE ART Purchase.

La Caja ART rebranded as Experta ART.

2017

Exit from Telecom Argentina.

2018

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

2019

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

2020

Sale of shareholding in TGS to the Safra Group. 

Experta Seguros expands further by launching insurance for cars. 

Werthein Technologies creation.

2021

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

(*) Subject to customary closing conditions.

1963
1970
1992
1994
1997
1998
2000
2001
2003
2004
2006
2007
2012
2015
2017
2018
2019
2020
2021