geoparkbloquebare

📊 A Colombian giant looking this way
While much of the regional business community still has one foot out the door, Grupo Gilinski decided to do the opposite: put both feet in. The Colombian-founded holding company has just completed a series of moves that give it a direct presence in Venezuela, Ecuador, and Argentina. That’s no small detail in a country where every foreign investment announcement is scrutinized and quickly priced into the parallel currency market.
On one hand, Nutresa—the conglomerate’s crown jewel in the food sector—acquired all of Industria Tío Rico, the Venezuelan ice cream maker behind brands every Caracas resident knows by heart: Bati Bati, Crema Real, and Chocolito. At the same time, in a very different arena, GeoPark formally completed its entry into the Bare block in the Orinoco Oil Belt, under a 25-year production-sharing contract with a 65% net economic interest. The deal made the group the oil company’s majority shareholder, with a 56.3% stake.