US EditionThe privatization of Impsa, the first in the Milei era, was completed: it was bought by a U.S. firm.
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13 Articles
The privatization of Impsa, the first in the Milei era, was completed: it was bought by a U.S. firm.
Mendoza’s vice-governor, Hebe Casado, announced on Tuesday afternoon on social network X the privatization of Impsa (Metalúrgicas Pescarmona Industries), the first company that returns to private hands in the Milei era. According to the post, it will be managed by the US firm Arc Energy. “Today we realize the first privatization of Javier Milei’s government with the signing of the contract to transfer the class C shares of IMPSA to the IAF conso…
The privatization of the company, which produces equipment for the generation of energy, marks a milestone in the mandate of Javier Milei. Arc Energy will take care of Impsa’s debt with multilateral credit agencies, assuming the outstanding debt. The Industrial Acquisitions Funds consortium (IAF), led by the US company ARC Energy, acquired 84.9% of the shares of IMPSA, which were in the hands of the national State and the province of Mendoza. Th…
Impsa to be privatized by Arc Energy, marking the first privatization of Javier Milei’s mandate. The measure seeks to revitalize the company and preserve jobs in Mendoza.
The company Industrias Metalúrgicas Pescarmona (Impsa), in charge of producing metallurgical equipment and integral solutions for energy generation, will be acquired by the American group Arc Energy, a company specialized in the provision of processing equipment for the oil and gas industry. Thus, the company based in the province of Mendoza will be the first privatization of the mandate of President Javier Milei. Arc Energy approached the propo…
The return to private hands had begun in April 2023, when the board made the decision to sell part of the shares. But the times accelerated with the arrival of the Milei government, which assured from the beginning of the management that it had a plan to privatize all the firms operating under the orbit of the state.
The vice governor of Mendoza, Hebe Casado, announced the privatization in social network X. The company Metallurgical Industries Pescarmona (Impsa), in charge of producing metallurgical equipment and integral solutions for the generation of energy, passed into the hands of the American group Arc Energy, company specialized in the provision of processing equipment for the oil and gas industry. Thus, the company based in the province of Mendoza be…
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