The Almeida & Dahle group, one of the strongest in the country’s art market with galleries in São Paulo, Rio de Janeiro, Brasilia, Recife and Goiania, is now expanding to Porto Alegre. The residents of São Paulo should soon announce the acquisition of Bolsa de Arte, one of the most traditional galleries in the capital of Rio Grande do Sul, founded by art dealer Marga Pasquali.
With this move, Bolsa de Arte will cease operating its headquarters in São Paulo’s Pinheiros district, which opened in Porto Alegre in 1980 and was founded in 2014. Among the artists collaborating with Bolsa de Arte are some of the most relevant names in the country’s art world, including Carlos Vergara, José Bechara, Regina Silveira and St. Clair Chemin, in addition to the estate of Nelson Rayner.
The deal marks another step in Almeida & Dale’s dizzying expansion, which has attracted market attention both due to its financial strength and a series of controversies. The mansion, which had only three addresses in São Paulo in addition to other capital cities, and a fourth address designed by a firm called Metro Arquitetos, had just become the target of a search and seizure operation after Alfred Volpi’s heirs tried unsuccessfully to recover three of Volpi’s paintings that they claimed were in the gallery’s possession.
“It is well known that the Volpi estate has reported the disappearance of approximately 47 works, but their whereabouts remain to be determined and are the subject of this extensive investigation,” Almeida & Dale said in a statement.
“Nearly 20 years ago, the Gallery was a regular commercial broker for three works by Volpi in a legally documented transaction prior to any legal investigation,” the document continues. “These intermediaries took place in 2006, long before the theft was reported by the artist’s family.”
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