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Stock impact report

Central Puerto Acquires Forestry Assets from Masisa Group in Argentina

Central Puerto S.A. American Depositary Shares (each represents ten Common Shares) (CEPU) 
Last central puerto s.a. american depositary shares (each represents ten common shares) earnings: 11/11 08:32 pm Check Earnings Report
Company Research Source: Accesswire
This operation of 70 million dollars represents the largest transaction in the forestry sector in the last 30 years in Argentina.BUENOS AIRES, ARGENTINA / ACCESSWIRE / January 5, 2023 / Central Puerto (NYSE:CEPU), the leading company in the production of electricity at a national level, acquired forestry assets from Grupo Masisa in Argentina, a forestry business company. This operation of 70 million dollars represents the largest transaction in the forestry sector in the last 30 years in the country.Central Puerto is a national capital company that has a track record of more than 100 years in the energy industry. Based on the impulse of its main shareholders - Guillermo Reca, the Miguens-Bemberg family and Eduardo Escassany - it diversified its businesses and acquired Masisa's forestry assets in the country. In this way, Central Puerto becomes the main Argentine company in the forestry sector, a market in which foreign capital companies mostly operate."At Central Puerto we have made t Show less Read more
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