Owner of art galleries in São Paulo, Rio de Janeiro, Brasilia, Recife and Goiania, Almeida & Del Group, the most powerful group in the country’s art market, is now expanding its operations to Porto Alegre. São Paulo residents should soon announce the purchase of Bolsa de Arte, one of the more traditional galleries in Rio Grande do Sul’s capital, founded by art dealer Marja Pasquale.
In this move, Bolsa de Arte, which opened its doors in 1980 in Porto Alegre, will no longer operate at its headquarters in São Paulo, in the Pinheiros neighborhood, which was founded in 2014. Among the artists working with the house are some of the most relevant names in art in the country, such as Carlos Vergara, José Bechara, Regina Silveira and Saint Clair Simien, as well as the estate of Nelson Lerner.
The deal represents another step in Almeida & Dale’s impressive expansion, which has caught the market’s attention, both due to its economic strength and a series of controversies. The house, which, in addition to spaces in other capitals, has only three addresses in São Paulo and has built a fourth, designed by Metro Arquitetos, has just been the target of a search and seizure operation prompted by an action by the heirs of Alfredo Volpe, who have tried, unsuccessfully, to recover three paintings by the artist that they claim are in the possession of the gallery.
“It is known that the Volpi estate has reported the disappearance of approximately 47 works of art, the whereabouts of which still requires clarification and is the subject of this broader investigation,” Almeida & Dell said in a statement.
The document continues: “For nearly 20 years, the gallery has regularly brokered commercial deals for three works by Volpe, in legitimate and documented transactions that preceded any judicial investigation.” “These intermediaries occurred in 2006, long before the artist’s family reported the theft.”
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