On the Record · Bancolombia
Bancolombia acquisitions, on the record
The businesses Bancolombia bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Fondo de Capital Privado Fondo Inmobiliario Colombia FICWord for word“On August 22, 2022, Bancolombia entered into an agreement with PSPIB COLCONDOR S.A.S. for the acquisition of an additional interest of 30.40% of the outstanding participation units in Fondo de Capital Privado Fondo Inmobiliario Colombia FIC, a real estate fund.” 20-F for 2022 | agreed acquisition | August 22, 2022 | — |
Fidecomiso P.A. MercurioWord for word“On July 8, 2022, Bancolombia S.A. acquired control of Fidecomiso P.A. Mercurio, through a through a mercantile trust administration agreement.” 20-F for 2022 | acquisition | July 8, 2022 | — |
Protección S.A.Word for word“On December 05, 2022, was registered the spin-off of Protección S.A. and the creation of the company Asulado Seguros de Vida S.A., of which the Bank sold its participation to SURA Asset Management S.A., to comply with the authorized investment regime.” 20-F for 2022 | divestiture | December 05, 2022 | — |
BanistmoWord for word“In October 2013, Bancolombia acquired Banistmo, and Bancolombia Panama acquired a 40% interest in Grupo Agromercantil.” 20-F for 2022 | acquisition | October 2013 | — |
BanagrícolaWord for word“In May 2007, Bancolombia Panama acquired Banagrícola.” 20-F for 2022 | acquisition | May 2007 | — |
Grupo AgromercantilWord for word“On December 30, 2015, Bancolombia Panama acquired an additional 20% interest in Grupo Agromercantil, and acquired the remaining 40% interest on September 29, 2020.” 20-F for 2022 | acquisition | — | — |
Tuya SAWord for word“In 2015, the Chilean group CorpBanca merged with the Itaú of Brazil and Bancolombia sold 50% of its shares in Tuya SA to Grupo Exito.” 20-F for 2022 | divestiture | 2015 | — |
Grupo Agromercantil (additional 20% interest)Word for word“On December 30, 2015, Bancolombia Panama acquired an additional 20% interest in Grupo Agromercantil, and acquired the remaining 40% interest on September 29, 2020.” 20-F for 2023 | acquisition | December 30, 2015 | — |
Grupo Agromercantil (remaining 40% interest)Word for word“On December 30, 2015, Bancolombia Panama acquired an additional 20% interest in Grupo Agromercantil, and acquired the remaining 40% interest on September 29, 2020.” 20-F for 2023 | acquisition | September 29, 2020 | — |
banking and insurance operations of HSBC in PanamaWord for word“In 2013, Bancolombia continued its internationalization process with the acquisition of the banking and insurance operations of HSBC in Panama for USD 2,234 million.” 20-F for 2023 | acquisition | 2013 | USD 2,234 million |
Asulado Seguros de Vida S.A.Word for word“On December 5, 2022, the spin-off of Protección S.A. was registered and the company Asulado Seguros de Vida S.A. was formed, with respect to which the Bank sold its interests to SURA Asset Management S.A., to comply with the authorized investment regime.” 20-F for 2023 | divestiture | December 5, 2022 | — |
Tuya SA (50% of shares, sold to Grupo Exito)Word for word“In 2015, the Chilean group CorpBanca merged with Brazil’s Itaú, and Bancolombia sold 50% of Tuya SA shares to Grupo Exito.” 20-F for 2024 | divestiture | In 2015 | — |
Read from Bancolombia’s annual reports (20-F for 2024, 20-F for 2023, 20-F for 2022) and the financial data it files with the SEC, as of 2025-03-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.