ADN
ADN arose in 2008 when the El Tiempo publishing house, controlled at that time by Planeta Group, adopted the idea of a free newspaper in the main cities. It circulates in the four largest: Bogotá, Cali, Medellín and Barranquilla. It was the first free newspaper to be distributed in Colombia, from Monday to Saturday. Its source of income is advertising sales. It was based on similar models in Spain, where Grupo Planeta has similar products.
The project was headed by Fernando Millán, who is the current Director of the newspaper. The first edition of DNA was launched in September 2008 following an aggressive publicity campaign. It has approximately 700 distribution points in the four cities.
It is owned by the El Tiempo CEET S.A. Publishing house and is one of company’s most profitable media. All four editions of Diario ADN are highly readable and is the second most read newspaper in the country.
Audience Share
24 %
Ownership Type
Private
Geographic Coverage
Bogotá, Medellin, Cali, Barranquilla, Bucaramanga.
Content Type
Free Content
Media Companies / Groups
Casa Editorial El Tiempo S.A.
Ownership Structure
ADN is a magazine that belongs to the El Tiempo S.A. publishing house, which consists of five Grupo Aval companies, founded by the businessman, Luis Sarmiento Angulo. The group has links with other sectors and owns many other companies. The companies not mentioned below are Liinus Van Pelt SAS (0,002 %) and Inverprogreso with 0,0000004 % of shares.
Voting Rights
No Data
Group / Individual Owner
Inversiones Vistahermosa S.A.S.
This company belongs to the Aval Group.
The Inverprogreso S.A. company is the only shareholder of Inversiones Vistahermosa S.A.S., registering a direct equity interest of 0.000000427% in the El Tiempo CEET S.A publishing house.
Inversegovia S. A.
This company belongs to the Aval Group. The shareholding composition of the company is as follows:
Luis Carlos Sarmiento Angulo (64,17%)
Seguros de Vida Alfa S.A. (35,82%)
The Adminegocios S.C.A., Inverprogreso S.A. companies and the Organización Luis Carlos Sarmiento Angulo Ltd each register one share and total less than 1% of the ownership.
Seguros de Vida Alfa S.A.
This company belongs to the Aval Group.
Seguros de Vida Alfa is divided between Adminegocios&Cía S.C.A. (52%), RendifinS.A. (30.3%), ActiunidosS.A.,Activos Tesalia S.A. in liquidation, Relantano S.A.,
Seguros Alfa S.A and
Construcciones Planificadas.
Directly or indirectly, Luis Carlos Sarmiento Angulo has controlling ownership in all these companies.
General Information
Founding Year
2008
Founder
Alfonso Villegas Restrepo | Colombian lawyer, journalist and intellectual of the first half of the 20th century.
Ceo
José Fernando Millán C | Director of the newspapers ADN, Boyacá Sie7e Days and Llano Sie7e Days.
Editor-In-Chief
Carlos Salgado R.
Other Important People
General Manager / Legal Representative. He served as Vice President of Technology of Grupo Aval Acciones y Valores S.A., from 2012 until his appointment as General Manager of the El Tiempo Publishing House He worked as a consultant for the World Bank and the German Technical Cooperation Office GTZ. He was deputy director of National Taxes in Planning and Development.
Colombian businessman, considered by FORBES magazine in 2015 as the country’s wealthiest man. Founder and President of the Aval Group.
A member of the Board of Directors of CEETTV S.A. Since 1996 he has served as advisor to the President of the Luis Carlos Sarmiento Angulo Organization. He is a member of various boards of directors.
She is the sister of former Vice President of Colombia Francisco Santos and cousin of President Juan Manuel Santos. She is the wife of Patricio Wills, President of the Television Producer RTI . She is the sister-in-law of Roberto Pombo, the current director of the El Tiempo newspaper.
Lawyer. A partner and founder of Prieto Carrizoza Law Firm.
During the first government of Juan Manuel Santos, he was appointed Ambassador of Colombia in Italy:
Colombian politician and journalist. Among other public positions he has worked as Minister of Communications, Minister of Culture, Ambassador of Colombia in several countries, Deputy of the Assembly of Cundinamarca, Councilor of Bogotá, Member of the House of Representatives and Senator of Colombia.
A well known Colombian economist. He was Minister of Finance in the government of César Gaviria (1990-1994). He was rector of the University of the Andes (1995-1997). He has been an opinion columnist for El Tiempo:
Daughter of Luis Carlos Sarmiento Angulo. President of the Board of Directors of Grameen Aval Colombia. She is married to Antonio Ardila, son of Carlos Ardila Lülle, who participates in his father's soft drink business.
He is listed as Alternate Manager in three of the five shareholder companies of the El Tiempo CEET S.A Publishing House. He has held different management positions in the Aval Group.
He is an El Tiempo columnist. He was director of the National Institute of Health and president of the Colombian Academy of Exact, Physical, and Natural Sciences. He was Rector of the National University of Colombia (2006-2012).
Chemical engineer with extensive experience in public and private positions in the energy and mining sectors.
A lawyer of the firm Mesa González Asociados. She made the shortlist for the position of Attorney General in 2012. She is the sister of Juan Mesa Zuleta, who was Communications Adviser to the Presidency during the first term of Juan Manuel Santos and later director of the Good Government Foundation, which promoted his re-election. She is the sister of María Elena Mesa Zuleta, General Manager of Publicaciones Semana S.A.
Contact
Dirección: Avda. Calle 26
68 b – 70 / Bogotá D.C.Teléfono: (1) 2940100. Sitio web: www.diarioadn.co
Financial Information
Revenue (in Mill. $)
USD $ 176.991.000 / COP $ 519.164 millions
Operating Profit (in Mill. $)
USD $ 4.217.460/ COP$ 12.371 millions
Advertising (in % of total funding)
No Data
Market Share
No Data
Further Information
Meta Data
Financial information: exchange rate: 1 USD = 2.933,28 COP
Information from official sources the share purchase transactions El Tiempo CEET S.A publishing house could not be found. It has argued in media statements that as a private company the information is confidential. Various related news items from the publishing house have circulated in the national press and / or been made through official communications by buyers and sellers: Grupo Planeta and the Luis Carlos Sarmiento Angulo Organization (OCSAL)
Information about the structure of ownership and management of the El Tiempo newspaper is difficult to access. It is necessary to search on the websites of external entities because there is no information available on the its own website.
Sources
Casa Editorial El Tiempo S.A., (2015). Certificado de existencia y representación legal, Casa Editorial El Tiempo S.A., del 5 febrero de 2015.
Casa Editorial El Tiempo S.A., (2015). Informe empresarial, E-informa., 27 de agosto de 2015.
Supersociedades, Registro, Casa Editorial El Tiempo S.A.
Supersociedades, Registro, Inverprogreso S.A.
Supersociedades, Registro, Inversiones Vistahermosa S.A.
Registro Único Empresarial y Social RUES, Registro Mercantil, Casa Editorial El Tiempo S.A.
Registro Único Empresarial y Social RUES, Registro Mercantil, Inverprogreso.
Registro Único Empresarial y Social RUES, Registro Mercantil, Inversegovia.
Registro Único Empresarial y Social RUES, Registro Mercantil, Inversiones Vistahermosa.
Registro Único Empresarial y Social RUES, Registro Mercantil, Liinus Van Pelt S.A.S.
Registro Único Empresarial y Social RUES, Registro Mercantil, Seguros de Vida Alfa S.A.
Registro Único Empresarial y Social RUES, Representación Legal, CEET S.A.
Registro Único Empresarial y Social RUES, Representación Legal, Inverprogreso.
Registro Único Empresarial y Social RUES, Representación Legal, Inversegovia.
Registro Único Empresarial y Social RUES, Representación Legal, Inversiones Vista Hermosa.
Registro Único Empresarial y Social RUES, Representación Legal, Seguros de Vida Alfa S.A..
Superintendencia de Industria y Comercio (2014), Resolución del 27 de octubre, integración CEET S.A. y PRINTER Colombiana S.A. Radicado 14-215534.
Cámara de Comercio (2013). Acta No. 01 Asamblea de Accionistas, Inversiones Vistahermosa, del 15 de marzo de 2013.
Cámara de Comercio (2015). Acta No. 160 Asamblea de Accionistas, CEET S.A, del 25 de marzo de 2015.
Cámara de Comercio (2014). Acta No. 18 Asamblea de Accionistas, Inversegovia S.A, del 27 de marzo de 2014.
Cámara de Comercio (2014). Acta No. 19 Asamblea de Accionistas, Inverprogreso S.A., del 27 de marzo de 2014.
Cámara de Comercio (2015). Acta No. 31 Junta Directiva, Inversegovia S.A.S., del 10 de febrero de 2015.
Cámara de Comercio (2015). Acta No. 935 Junta Directiva, CEET S.A., del 4 de junio de 2015.
Cámara de Comercio (2014). Balance Financiero General Comparativo, Seguros de Vida Alfa S.A, del 31 de diciembre de 2015.
Cámara de Comercio (2009). Balance Financiero General Comparativo, Inverprogreso S.A, del 31 de diciembre de 2019.
Cámara de Comercio (2014). Extracto de Acta No. Asamblea General de Accionistas, Seguros de Vida Alfa S.A., del 19 de septiembre de 2014.
Cámara de Comercio (2014). Formulario de Registro Único Empresarial y Social RUES, Seguros de Vida Alfa S.A., de febrero de 2014.
Cámara de Comercio (2015). Informe y balance financiero 2014 y 2013, CEET S.A.
Cámara de Comercio (2009). Notas a los Estados Financieros 2008 y 2009, Inverprogreso S.A., febrero de 2014.
Cámara de Comercio (2015). Registro Único Empresarial Formulario de renovación de la matrícula mercantil, Inversegovia S.A.S.
Cámara de Comercio (2015). Registro Único Empresarial Formulario de renovación de la matrícula mercantil, CEET S.A.
Cámara de Comercio (2015). Registro Único Empresarial Formulario de renovación de la matrícula mercantil, Inversiones Vistahermosa.
Cámara de Comercio (2015). Registro Único Empresarial Formulario de renovación de la matrícula mercantil, Inverprogreso S.A..
