We began our operations as a forestry services company in Uruguay in the year 2000. We started working specifically on weed control, but soon grew and diversified. Today we offer services at all stages of a forest’s development, as well as fund development and management, and the administration of forestry and agricultural assets.

In 2007 we established our company in Chile and in 2010 in Brazil. With the three countries combined we operate more than 100,000 hectares in the region.

In 2011 we launched our first forest-trust public offering, Bosques del Uruguay I, for a total of 50 million dollars. In 2015 we launched the second one, Bosques del Uruguay II, for 70 million and in 2016 the third, Bosques del Uruguay III, for 190 million dollars.

Since 2011 AF Maderas markets production from southern cone forests to the rest of the world. More than 40 Asian customers receive quality wood produced in Argentina, Chile, Brazil and Uruguay.

We generate 50 direct jobs, and 500 indirect jobs through more than 40 companies contracted to work for us.

Since 2009 Deloitte and PKF conduct the auditing of AF.


AF Maderas

We provide local and international wood sale services. We export from Uruguay, Argentina, Brazil and Chile to the rest of the world.


We design forestry projects tailored to each client. We also perform quality controls, audits, forest inventories and FSC® Certifications. AF Group is FSC® certificate license holder FSC® C129543.

Forest Asset Management

We manage forest lands for TIMOs, Endowments and Investment Funds. We provide a comprehensive management, handling the entire process.

Mechanized Ant Control

We fight ants mechanically, through technology that allows us a precise diagnosis of the anthills and its effective elimination.

We arrived in Tres Lagoas, and from there we operate in
Mato Grosso, Río Grande do Sul, Santa Catarina and Paraná.


Francisco Bonino

Francisco Bonino is partner and president of AF and is in charge of the executive management of the company at its three headquarters in Uruguay, Chile and Brazil. He has 16 years of experience in the forestry sector of Uruguay, Argentina, Chile and Brazil. Previously he was in charge of Product Development for Monsanto in Northern Argentina, Bolivia and Paraguay. He is an Agronomist and holds an MBA from the New York Institute of Technology (NYIT).

Gerardo Díaz Beltrán

Gerardo Díaz Beltrán is partner and director of AF Uruguay. He is a Veterinarian and lives in Misiones, Argentina. He serves as President of the province’s Economic Confederation, he is a member of the Presidential Committee of the Argentine Confederation of Small and Medium-sized Businesses, and is partner and director of three companies in the provinces of Misiones and Corrientes.

Jorge Armand Ugon

Manager of AF Brazil
Jorge Armand Ugon is General Manager and partner of AF Brazil since its creation. Previously he served as Audit Manager of PWC Brazil. He is a Certified Public Accountant graduated from the University of the Republic (UDELAR) and holds a postgraduate degree in Corporate Finances from the Catholic University of Uruguay.

Silvana Tomé

Manager of Human Capital
Silvana Tomé is Regional Manager of Human Capital. She has worked in the selection and management of people for more than 10 years and until 2007 worked for Deloitte Montevideo. She holds a Bachelor's Degree in Psychology and a Postgraduate Degree in Human Resources Management from the Catholic University of Uruguay.

Pablo Thiel

Brazil Operations Coordinator
Pablo Thiel is Operations Coordinator of AF Brazil and is also in charge of timber exports in this country. He graduated in Forestry Engineering at the Federal University of Paraná and holds a Master in Plant Production from the State University of Maringá. He has worked in the forestry sector for more than 10 years.