Who Owns Grupo De Inversiones Suramericana Company?

Grupo De Inversiones Suramericana Bundle

Get Full Bundle:

	5 FORCES	$15	$10
	BCG	$15	$10
	CANVAS	$15	$10
	4P's MIX	$15	$10
	PESTLE	$15	$10
	SWOT	$15	$10

TOTAL:

ADD TO CART

Who owns Grupo De Inversiones Suramericana?

Grupo SURA's ownership structure is dynamic, significantly shaped by strategic share swaps. A key recent event was the April 2024 finalization of a share swap with Grupo Nutresa, altering its stakeholder composition.

Understanding who holds significant stakes in Grupo SURA is crucial for grasping its strategic decisions and market influence. This analysis will explore its ownership evolution.

The ownership of Grupo De Inversiones Suramericana S.A. is diverse, reflecting its status as a publicly traded entity. Historically, its origins trace back to its founding in 1944. The company's evolution into a leading financial services holding company across Latin America has involved various stakeholders, including institutional investors and public shareholders. A comprehensive Grupo De Inversiones Suramericana PESTEL Analysis can provide deeper insights into the external factors influencing its operations and ownership dynamics.

Grupo SURA's origins trace back to December 12, 1944, with the founding of Compañía Suramericana de Seguros S.A. in Medellín, Colombia. While specific individual founders are not extensively documented, the company's early development was shaped by a collective regional commitment to bolstering local industry.

Founding of Compañía Suramericana de Seguros

Established in Medellín, Antioquia, Colombia, on December 12, 1944. Initially focused on the insurance sector.

Early Ownership Structure

Specific individual founders and their initial equity stakes are not detailed in available records. Ownership was characterized by a collective regional effort.

Defensive Strategy in the 1970s

A strategy emerged to counter hostile takeover attempts from external economic groups. This involved strategic share exchanges among prominent local companies.

Formation of Grupo Empresarial Antioqueño (GEA)

Cross-shareholdings between companies like Suramericana de Seguros, Cementos Argos, and National Chocolate Company laid the foundation for GEA. This aimed to protect local control and foster mutual growth.

Corporate Restructuring in 1997

Compañía Suramericana de Seguros spun off its investment portfolio management operations. This led to the creation of Suramericana de Inversiones S.A.

Evolution to Grupo SURA

Suramericana de Inversiones S.A. became the parent company, eventually evolving into the entity known today as Grupo SURA. This marked a significant step in its corporate structure.

During the 1970s, a critical period for regional economic autonomy, a defensive strategy was implemented to safeguard Antioquian industry from external economic groups. This involved intricate share exchanges among key local enterprises, including Suramericana de Seguros, Cementos Argos, and National Chocolate Company. This collaborative approach fostered a network of cross-shareholdings, establishing the foundation for what became known as the Grupo Empresarial Antioqueño (GEA). This strategic alignment was driven by a shared objective to preserve local control and promote the collective growth of regional economic power. The restructuring in December 1997 was a pivotal moment, as Compañía Suramericana de Seguros divested its investment portfolio management activities, giving rise to Suramericana de Inversiones S.A., which subsequently assumed the role of the parent company, now recognized as Grupo SURA. For a deeper understanding of this evolution, refer to the Brief History of Grupo De Inversiones Suramericana.

Key Milestones in Early Ownership

Grupo SURA's foundational years were marked by a focus on regional economic preservation and strategic alliances. The early ownership was characterized by a collective, rather than individualistic, approach to building corporate strength.

• Founding of Compañía Suramericana de Seguros S.A. in 1944.
• Strategic share exchanges in the 1970s to protect local industry.
• Formation of the Grupo Empresarial Antioqueño (GEA) through cross-shareholdings.
• Spin-off of investment portfolio management in 1997, creating Suramericana de Inversiones S.A.
• Evolution to the current Grupo SURA structure.

Grupo De Inversiones Suramericana SWOT Analysis

• Complete SWOT Breakdown
• Fully Customizable
• Editable in Excel & Word
• Professional Formatting
• Investor-Ready Format

GET TEMPLATE ➔

Grupo SURA has experienced significant ownership shifts, notably through strategic transactions aimed at restructuring its holdings. As a publicly traded entity on the Colombia Stock Exchange, its ownership is widely distributed among various investor types.

The ownership landscape of Grupo SURA has been dynamically reshaped by key strategic maneuvers. A pivotal moment was the unwinding of the cross-shareholding structure within the Grupo Empresarial Antioqueño (GEA). This process involved a share swap with Grupo Nutresa in April 2024, which concluded with Grupo Nutresa no longer being a shareholder in Grupo SURA. Simultaneously, the Gilinski group, through JGDB Holding S.A.S. and Nugil S.A.S., consolidated its position as the controlling shareholder of Grupo Nutresa, holding 76.90% of its shares, while divesting its stake in Grupo SURA. Further restructuring occurred in July 2025 with a spin-off involving Grupo Argos and Cementos Argos, which eliminated reciprocal investments between these entities. This spin-off resulted in Grupo SURA shareholders receiving 0.72 shares of Grupo Argos for each Grupo SURA share they held, thereby increasing their direct economic stake in Grupo SURA by an estimated 20% due to a reduction in the total number of outstanding shares. These strategic adjustments have been instrumental in streamlining Grupo SURA's portfolio, enabling a more concentrated focus on its core financial services operations, aligning with its Growth Strategy of Grupo De Inversiones Suramericana.

Key Stakeholders and Ownership Distribution

Grupo SURA's ownership is characterized by a broad base, with no single shareholder holding a majority stake. The company's structure reflects a diversified investor profile.

• As of late 2024, 581,977,548 shares were outstanding.
• Public companies represent the largest ownership segment at 68.2%.
• Institutional investors hold a significant 20.6% stake.
• Notable institutional investors include Administradora de Fondos de Pensiones y Cesantías Protección S.A., BlackRock, Inc., The Vanguard Group, Inc., and State Street Global Advisors, Inc.
• Cambria ETF Trust-Cambria Global Value ETF and GLOBAL X FUNDS-Global X MSCI Colombia ETF each held 0.03% as of April 30, 2025.
• Grupo SURA also increased its stake in SURA Asset Management to 93.3% in 2024, with CDPQ as a strategic partner holding 6.7%.

Grupo De Inversiones Suramericana PESTLE Analysis

• Covers All 6 PESTLE Categories
• No Research Needed – Save Hours of Work
• Built by Experts, Trusted by Consultants
• Instant Download, Ready to Use
• 100% Editable, Fully Customizable

GET TEMPLATE ➔

The corporate governance of Grupo SURA is overseen by its Board of Directors, which is structured to include a blend of patrimonial, independent, and non-independent members. This composition aims to foster diverse viewpoints in the company's strategic decision-making processes. As of May 1, 2024, Ricardo Jaramillo Mejía holds the position of Chief Executive Officer for Grupo SURA and also presides over the Suramericana Board of Directors.

Grupo SURA's corporate bylaws outline a voting framework where ordinary shares typically grant one vote per share at the General Assembly of Shareholders. However, preferred shares that are non-voting exist and only gain voting rights in specific circumstances defined by law and their issuance terms. The company's regulations clearly state that no individual shareholder's vote can be divided, and the company itself abstains from voting on any of its repurchased shares. During the Ordinary Meeting of the General Assembly of Shareholders on March 28, 2025, a quorum of 77.75% of the outstanding ordinary voting shares was established. Critical resolutions, including the approval of the Management Report for 2024 and the Proposed Partial Spin-Off, received substantial support, with 95.13% and 99.99% of the ordinary shares present voting in favor, respectively. This demonstrates a strong alignment among Grupo SURA shareholders regarding the company's strategic direction and its governance practices, reflecting a stable base for understanding Grupo SURA's target market and its ownership structure.

Shareholder Voting Power at Grupo SURA

Shareholder voting power at Grupo SURA is primarily determined by the type and quantity of shares held. Ordinary shares confer direct voting rights, while preferred shares have limited voting capabilities.

• Ordinary stock typically carries one vote per share.
• Preferred non-voting shares have restricted voting rights.
• Fractioning of a single shareholder's vote is not permitted.
• The company does not vote on its own repurchased shares.
• High approval percentages for key decisions indicate strong shareholder consensus.

Grupo De Inversiones Suramericana Business Model Canvas

• Complete 9-Block Business Model Canvas
• Effortlessly Communicate Your Business Strategy
• Investor-Ready BMC Format
• 100% Editable and Customizable
• Clear and Structured Layout

GET TEMPLATE ➔

Over the past three to five years, Grupo SURA has undergone significant transformations to streamline its ownership and concentrate on financial services. These changes aim to simplify its corporate structure and enhance shareholder value.

These strategic adjustments have fundamentally reshaped the Grupo SURA ownership landscape. The completion of the share swap with Grupo Nutresa in April 2024 marked a significant milestone, effectively unwinding the GEA cross-shareholding structure. This move saw Grupo Nutresa exit as a shareholder of Grupo SURA. Concurrently, the Grupo Gilinski family gained controlling ownership of Grupo Nutresa, simultaneously divesting their holdings in Grupo SURA. This repositioning is a key step in understanding who owns Grupo Suramericana and its evolving investor base.

Strategic Focus on Financial Services

Grupo SURA's recent transactions underscore a deliberate strategy to concentrate on its financial services portfolio. This includes insurance, asset management, and banking operations across Latin America.

Simplified Corporate Structure

The elimination of cross-shareholdings, particularly through the July 2025 spin-off with Grupo Argos and Cementos Argos, has simplified the company's structure. This is expected to improve value disclosure and investor appeal.

Enhanced Shareholder Value

The repurchase of 31.8% of its outstanding shares following the spin-off has increased the economic stake for remaining Grupo SURA shareholders. This move aligns with a global trend towards greater specialization.

Future Outlook and Financial Projections

Grupo SURA projects recurring income between COP 1.7 trillion and COP 1.9 trillion for 2025, with an adjusted return on equity of 10% to 11%. These figures reflect confidence in its focused business ownership strategy.

Grupo De Inversiones Suramericana Porter's Five Forces Analysis

• Covers All 5 Competitive Forces in Detail
• Structured for Consultants, Students, and Founders
• 100% Editable in Microsoft Word & Excel
• Instant Digital Download – Use Immediately
• Compatible with Mac & PC – Fully Unlocked

GET TEMPLATE ➔