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Court Finalizes Vicentin Transfer to Grupo Grassi as New Board Takes Charge

The ruling ends a six-year insolvency saga to clear a relaunch as Nueva Vicentin Argentina with an initial investment of about $40 million.

Overview

  • Judge Fabián Lorenzini of the Reconquista Civil and Commercial Court ordered the effective transfer of all Vicentin shares to Grupo Grassi, completing the change of control.
  • Mariano Grassi becomes president, with Leandro Salvatierra as vice president and Hugo A. Grassi as director of the newly branded Nueva Vicentin Argentina.
  • The court set creditor procedures, including a March 16, 2026 deadline to choose payment options and progress reports due on February 2, February 23, and March 15.
  • Grupo Grassi says it will keep key assets at Ricardone, San Lorenzo, and the Nodo Norte complex, with projects including a $30 million feedlot restart and $6–8 million to restore bioethanol capacity.
  • The new management says it has commercial and financial agreements with Cargill and Bunge to support export resumption once authorizations are in place.