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Cementos Argos History

For over seventy years now, Argos has been a part of Colombia’s progress, linking its different regions, creating more profitability and investor confidence, and establishing close relations with the communities in which it carries out its operations.

Throughout its history, Cementos Argos has been taking on a more and more significant leading role in the cement and concrete industry, becoming the fifth largest cement producer in Latin America and making history in countries such as Colombia, the Dominican Republic, Haiti, Honduras, Panama, Suriname, French Guiana, Puerto Rico and the Antilles.

Let’s take a closer look at Cementos Argos’ history, highlighting some of its most important milestones in the regions in which we are present…

  • 1934

    (Currently Grupo Argos) was founded

  • 1944

    (Currently Cementos Argos) was founded

  • 2005

    Merger of 8 cement companies in Colombia

    Acquired Southern Star Concrete Company (USD 245 M) and Concrete Express (USD 12.5M), USA

  • 2006

    Acquired RMCC in USA (USD 435M)

    Acquired Cementos Andino

  • 2007

    Acquisition of Central Aggregates LLC (USD 12M) and HRM (USD 43.5M), USA

  • 2008

    Duty free zone is created in Cartagena

  • 2009

    Acquired Holcim’s interest in the Caribbean (USD 157M)

    Divested non-core coal asset to Vale

  • 2010

    Commenced operations at Cartagena plant

    Expanded operations in Suriname

  • 2011

    Acquired assets from Lafarge in USA (USD 760M)

  • 2012

    Spin-off of non core assets to Grupo Argos

  • 2013

    Successful share issuance

    Acquisition of Lafarge Honduras (USD 300M)

  • 2014

    Acquired assets from Vulcan in Florida (USD 720M) USA

    Acquired assets in French Guiana (USD 83M)

  • 2015

    Acquired cement terminal in Puerto Rico (USD 18M)

  • 2016

    Acquired assets from HeidelbergCement and Italcementi in Martinsburg, WV for USD 660M

  • 2017

    Acquired cement assets in Puerto Rico (USD 8M)