The Grupo Empresarial Antioqueño (GEA, Business Group of Antioquia) also known as Sindicato Antioqueño, is a Colombian conglomerate composed by around 125 companies,[1] most of them based in Antioquia Department.
Though, legally speaking, such an entity does not exist, it is commonly regarded as the first Colombian keiretsu.[2][3] It is "controlled" by four main companies: Bancolombia (banking), Grupo Argos (cement, power & infrastructure), Grupo Sura (insurance, financial), and Grupo Nutresa (processed food). The group, through these companies, has 10,000 shareholders.[1] GEA's 2007 income amounts to 5.5% of Colombia's gross domestic product.[4]
On January 15, 2023, the Financial Times reported: 'Regulators are investigating whether the GEA is acting as an “economic group”.'[5]
Companies
- Bancolombia
- Inversiones Nutresa
- Nutresa
- Compañía Nacional de Chocolates
- Compañía Nacional De Chocolates de Perú S.A.[6]
- Compañía de Galletas Noel
- Compañía de Galletas Pozuelo D.C.R.
- Industrias de Alimentos Zenú
- Dulces de Colombia
- Colcafé
- Meals de Colombia
- Pastas Doria
- Rica Rondo
References
- El mítico GEA Revista Semana, 2007-10-20, retrieved 2008-06-04^
- Formación Virtual - Suramericana retrieved 2008-12-23^
- . Vilma Liliana Franco Restrepo. Capítulo 4. Separación de dominios y configuración de la coalición política dominante (Poder regional y proyecto hegemónico. El caso de la ciudad metropolitana de Medellín y su entorno regional 1970-2000)