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24 February 2023

Acquisitions at ARCOmadrid 2023

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After its first two days dedicated exclusively to professionals, ARCOmadrid, celebrating its 42nd edition until this Sunday, February 26th, has already recorded considerable acquisitions.

The confirmed institutional and corporate acquisitions on this edition of ARCOmadrid 2023 include those of Fundación ARCO which has added to its Collection with the purchase of 6 works financed with the proceeds raised at the Fundación ARCO Dinner, held on Thursday, February 23rd. The works acquired, on the advice of Fernanda Brenner and Andrea Bellini, were: Diego Bianchi -Jocelyn Wolff-, Nilbar Güreş -Martín Janda-, Eftihis Patsourakis -Rodeo-, Solange Pessoa -Mendes Wood-, Jenna Sutela -Sociètè- and Tadáskía -Joan Prats-. In addition to these, the works of Momu & No Es -House Of Chappaz- and Nora Aurrekoetxea -Juan Silió-, acquired by the International Board of Fundación ARCO, and a piece by  Laís Amaral –HOA-with the donation from Frèdèric Malle.

Once again this year, Museo Reina Sofía enriches its Collection with the purchase of new works from galleries participating in the Fair. A selection of 26 works by 18 artists:

Cecilia Bengolea, Gabriela Bettini, Cabello / Carceller, Lucía C. Pino, Diego Del Pozo, Ana Esteve Reig, Anaïs Florin, Marisa González, Ana Jotta, Lea Lublin, Karlos Martínez, Asunción Molinos Gordo, Jaume Sans, Rosa Torres, Joaquín Torres-García, Damián Ucieda and Javier Utray, that go on to form part of the Museo’s collections. The total value of the acquisitions extends to approximately 400,000 euros.

For its part, the Comunidad de Madrid grants its ARCO 2023 Award to Sahatsa Jauregi, for Aizkora y Jone, and to Eva Fàbregas, for her work Crecimiento. Through this distinction the regional Government supports contemporary creation among young authors and their works are incorporated into the Colección del Museo Centro de Arte Dos de Mayo de Móstoles.

The Madrid City Council has purchased six works, for a total of 226,000 euros, its biggest investment in the fair in recent years, to be incorporated into the Museo de Arte Contemporáneo -MAC-. The works acquired on this occasion are by the artists María Moreno, Manuel Barbadillo, Nacho Criado, Eusebio Sempere, Concha Jerez and Asunción Molinos.

The Fundación Aldo Rubino has acquired a work by Waldo Balart -Guillermo de Osma- for the Museo de Arte Contemporáneo de Buenos Aires MACBA.

For its part, on this occasion Fundación Helga de Alvear has acquired pieces by Georg Baselitz -Thaddaeus Ropac-, Juan Muñoz -David Zwirner- and Fernand Léger -Guillermo de Osma-.

TBA21 Thyssen-Bornemisza Art Contemporary has also acquired works by Jumana Manna -Hollybush Gardens-, Nicole Miller -carlier | Gebauer-, Daniel Otero Torres -Mor Charpentier-, and Sandra Vásquez de la Horra -Senda-.

Meanwhile, Fundación María José Jove adds to the acquisitions with one piece by Carlos Irijalba -Juan Silió-, and another by Fuentesal Arenillas -Luis Adelantado-.

Fundación María Cristina Masaveu Peterson has purchased the work of Ana Barriga, Rafael Macarrón -Mayoral-, Carmen Laffón -Leandro Navarro-, Maruja Mallo, Julio González and Nicolás Lekuona -Guillermo de Osma-.

For the moment, DKV Seguros has purchased work by the artists, LUCE -1 Mira Madrid-, Ira Lombardia -Alarcón Criado, Rosa Tharrats -Ehrhardt Flórez- and Mònica Planes -Àngels Barcelona-.

In addition to all the above, various acquisition awards have been granted to artists including Evru/Zush – Senda-, and Peter Weibel -Beckers + Kornfeld-, which will go on to form part of the .NewArt { collection;}, formerly known as the Beep Collection; Ester Partegàs -Nogueras Blanchard-, will be added to the works in the Catalina d´Anglade collection, and Sandra Vásquez de la Horra -Senda-, to the SOLO collection.

ARCOmadrid 2023, organised by IFEMA MADRID, opens its doors to the public from today, Friday, February 24th at 3 pm, until this Sunday the 26th. With the participation of 211 galleries from 36 countries, and the Mediterranean region at its core, ARCO once again takes centre stage among current art affairs.