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HomeAbout CofinaBusiness overviewInvestors

The corporate strategy of Cofina is focus on sustainable return on equity, either through organic growth or new acquisitions

History

Cofina started in 1995 as a holding grouping several businesses - the group had stakes in pulp and forest, steel, and media.

In 2005 the industrial assets were spin off and grouped into a new company (Altri) with Cofina focusing sole in the media sector.

Main media landmarks:

  • 1995: started with 5M€ share capital
  • 1999: acquisition of Investec (media holding)
  • 2000: acquisition of “Correio da Manhã” (daily newspaper)
  • 2002: acquisition of “TV Guia” (TV magazine)
  • 2004: launching of “Sábado” (newsmagazine)
  • 2006: acquisition of “Destak” (free daily newspaper)
  • 2007: launching of “Destak São Paulo” (free daily newspaper in São Paulo, Brazil)
  • 2009: aquisition of the Portuguese edition of "Metro" (free daily newspaper)
  • 2009: launching of “Destak Rio de Janeiro” (free daily newspaper in Rio de Janeiro, Brazil)
  • 2010: launching of “Destak Brasília” (free daily newspaper in Basília, Brazil)