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Forestal del Sur Sells 1,279 Hectares in Los Lagos Region Under Campino Leadership

Forestal del Sur initiates sale of 1,279 hectares in southern Chile to raise capital. The transaction involves 18 properties valued at approximately 8.8 million dollars near Purranque and Fresia. The move under former Corma president José Rafael Campino signals strategic asset management.

La Era

2 min read

Empresa de expresidente de Corma pone a la venta más de 1.200 hectáreas de predios forestales en el sur
Empresa de expresidente de Corma pone a la venta más de 1.200 hectáreas de predios forestales en el sur

Forestal del Sur is actively selling 18 properties in southern Chile to generate significant capital for ongoing operations and debt reduction. The company seeks approximately 8.8 million dollars through the divestment of 1,279 hectares of forested land. This strategic move occurs under the leadership of former Corma president José Rafael Campino and impacts the regional economy significantly.

The transaction covers specific plots in the communes of Purranque and Fresia within the Los Lagos Region. These properties are currently dedicated primarily to forestry activities and timber production for export markets. Market observers note they could potentially be repurposed for broader agricultural use in the future according to industry reports.

The single largest parcel contains 372 hectares located near the town of Fresia to maximize access. It sits adjacent to the V-310 route and the Llico River, providing logistical advantages for transport. Sellers list this specific asset at 2.220 billion Chilean pesos as part of the total valuation.

Campino founded the firm in 1986 after graduating from the Pontifical Catholic University of Chile. He holds a master in Business Administration from Stanford University with extensive industry experience. His career includes leading the Chilean Wood Corporation between 2008 and 2010 and serving on the Arauco board as a key industry player.

Forestal del Sur supplies wood chips and logs to major pulp and paper industries globally. Major clients include export markets in Japan and China alongside domestic buyers in Santiago. The firm produced 707,000 metric tons dry last year according to its official website meeting global demand.

Output in 2025 increased by 15% compared to the previous annual period significantly. This volume represents 613,000 tons from the prior period showing consistent growth. The company reports higher production efficiency across its operations in the southern zone with 214,000 tons for export reflecting market recovery.

The group maintains ties with Bosques Los Lagos through a complex joint venture structure. A North American fund holds an 80% stake in that specific subsidiary controlling operations. Forestal del Sur retains a 20% ownership share in the partnership managing eucalyptus plantations securing long-term stability.

Forestal Atlántico Sur operates forestry interests in Uruguay near the capital of Montevideo. This entity exports wood chips to Europe and China to satisfy international demand. Its facilities handle up to 360,000 tons annually processing raw materials efficiently diversifying income streams.

Analysts suggest the sale signals a strategic shift in asset management and capital allocation. Capital injection often precedes major restructuring or expansion phases within the forestry sector. Such transactions impact local land values and foreign investment flows in the region regulatory environment.

The public auction process began months ago via newspaper and social media notices. Investors will monitor the final valuation and intended land use changes carefully. Results could influence broader forestry trends and economic development in southern Chile closing procedures.

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