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08 March 2024

Acquisitions in ARCOmadrid 2024

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After its first two days dedicated exclusively to professionals, the 43rd edition of ARCOmadrid, open until Sunday 10 March, has already recorded important acquisitions.

Among the institutional and corporate purchases confirmed for this edition of ARCOmadrid 2024 are those of the ARCO Foundation, which has expanded its Collection with the acquisition of 8 works paid for with the proceeds from the ARCO Foundation Dinner, held on Thursday 7 March. The works acquired, with the advice from

Tania Pardo, director of CA2M, and Claudia Segura, curator of exhibitions and collection at MACBA, correspond to Lara Almarcegui - Mor Charpentier-, Ana Jotta -Projectesd-, Eva Kotakova -Hunt Kastner-, Violeta Quishpe -Vigilgonzales-, Laercio Redondo -Ana Mas Projects-, Sinead Spelmann -etHALL-. In addition to these are works by Theo Mercier -Casado Santapau-, donated by Frèdèric Malle, as well as a piece by Belén Uriel -Madragoa- acquired with the support of the International Council of the ARCO Foundation.

For yet another year, the Reina Sofía Museum is reinforcing its Collection with purchase of new works from galleries participating in the Fair. A selection of 30 works by 22 artists, 17 of them women: Ana Laura Aláez, Elena Alonso, Alexander Apóstol, Nora Aurrekoetxea, Esther Boix, Lola Bosshard, Eli Cortiñas, Regina Giménez, Nuria Güell, Mari Puri Herrero, Sahatsa Jauregui, Mitsuo Miura, Julia Montilla, Sonia Navarro, Armando Suárez, Regina José Galindo, Ana Gallardo, Alicia Herrero, Josep Ponsatí, Elisa Montessori, Miguel Ángel Rojas and Belén Uriel. The total value of the acquisitions amounts to 553,000 euros.

In turn, the Community of Madrid awards its ARCO 2024 prize to Miguel Marina, from The Goma, and to the Fuentesal Arenillascollective, from the Galería Luis Adelantado. The winning works will become part of the collection of the Museo Centro de Arte Dos de Mayo, in Móstoles.

The Madrid City Council has acquired four new works of art to add to the permanent collection of the municipal Museum of Contemporary Art (MAC). These are a sculpture by Teresa Solar and three works (one painting and two drawings) by Carlos Forns Bada, both artists from Madrid, valued at around 40,000 euros.

The María Cristina Masaveu Peterson Foundation has purchased works by Luis Gordillo and Oteiza -Guillermo de Osma-, Roberto Diago -El Apartamento-, David Nash -Lelong-, Manolo Paz and Eugenio Ampudia -Max Estrella-, Joi Murugavell -Ponce+Robles-, Juan Asensio -Elvira González-, Marria Prats -Mayoral-.

The María José Jove Foundation adds to the purchases with a piece by Kiko Pérez, from the Galería Ehrhardt Flórez.

On this occasion, the Helga de Alvear Foundation has purchased pieces by Marcel Duchamp -La Caja Negra-, Waldo Balart -Casado Santapau-, Rafael Grassi -NF / Nieves Fernández-, Piero Dorazio -Cayón-, Tomás Saraceno - Neugerriemschneider-, Heinz Mack -Parra & Romero-, Markus Linnenbrink -Max Estrella-, Ugo Rondinone -Esther Schipper- and Alfredo Jaar -Thomas Schulte-.

Also, the collectors who are members of the 9915 Association acquired a total of 48 pieces by 37 artists at the fair.

In addition to all this, various acquisition awards have been given to artists such as Tomás Saraceno -Pinksummer Gallery- and Abraham González Pacheco - Campeche-, to the Fondazione per l'Arte Moderna e Contemporanea CRT; Daniel Canogar -Max Estrella-, and Peter Halley -Senda-, awarded incollaborationwith the Arts Connection Foundation ,which will become part of the NewArt { collection;}; Concha Jerez -Freijo-, has been distinguished with the 1st ENATE-ARCOmadrid2024 Award, and Susana Solano -Carreras Múgica- joins the Catalina d' Angladecollection.

ARCOmadrid 2024, organised by IFEMA MADRID, opens its doors to the public from today, Friday 8 March at 3pm, until Sunday 10 March. With the participation of 205 galleries from 36 countries, and the Caribbean as its protagonist, ARCO is once again at the centre of the art scene.