M&A Deal Summary |
|
|---|---|
| Date | 2014-01-23 |
| Target | Vulcan Materials - Cement & Concrete Businesses |
| Sector | Building Materials |
| Buyer(s) | Cementos Argos |
| Sellers(s) | Vulcan Materials |
| Deal Type | Divestiture |
| Deal Value | 720M USD |
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| Category | Company |
|---|---|
| Founded | 1934 |
| Sector | Building Materials |
| Employees | 7,647 |
| Revenue | 9,000.5B COP (2020) |
Cementos Argos is a multinational company that produces and markets cement and ready mix concrete through its operations in Colombia, the United States, Central America and the Caribbean. In the cement industry, Argos is the leader in Colombia, the fifth largest producer in Latin America, and the second largest in the southeast of the United States. It has 9 plants in Colombia, 3 in the United States, and 1 in Honduras.9 clinker mills located in the United States, Haiti, Panama, the Dominican Republic, Honduras, French Guiana, and Surinam, and 24 ports and terminals for receipt and packaging. Its total installed capacity is 19.9 million tons of cement per year. In the concrete business, Argos is the market leader in Colombia and the second largest producer in the United States. It has 389 plants located in Colombia, the United States, Haiti, Panama, the Dominican Republic, and Surinam. Its total installed capacity is 17.9 million cubic meters of concrete per year. Cementos Argos was incorporated in 1934 and is based in Medellin, Colombia.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 3 |
| Sector (Building Materials) | 1 of 2 |
| Type (Divestiture) | 1 of 2 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2006-04-10 |
Ready Mixed Concrete
Raleigh, North Carolina, United States Ready Mixed Concrete Company is the provider of ready-mixed concrete and concrete-related products to metropolitan and rural markets located throughout North Carolina, South Carolina, and southern Virginia. |
Buy | $435M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-08-18 |
HeidelbergCement AG - Cement Plant Assets
Germany HeidelbergCement AG - Cement Plant Assets comprises Martinsburg, West Virginia cement plant and eight related terminals. |
Buy | $660M |
| Category | Company |
|---|---|
| Founded | 1909 |
| Sector | Building Materials |
| Employees | 8,847 |
| Revenue | 7.3B USD (2022) |
Vulcan Materials is a producer of construction aggregates (primarily crushed stone, sand and gravel) and a major producer of asphalt mix and ready-mixed concrete. Vulcan Materials was founded in 1909 and is based in Birmingham, Alabama.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Building Materials) | 1 of 1 |
| Type (Divestiture) | 2 of 2 |
| State (Florida) | 1 of 1 |
| Country (United States) | 2 of 2 |
| Year (2014) | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2007-02-19 |
Florida Rock Industries
Jacksonville, Florida, United States Florida Rock Industries is a producer of construction aggregates, cement, concrete and concrete products in the Southeast and Mid-Atlantic states. Florida Rock Industries was formed in 1929 and is based in Jacksonville, Florida. |
Buy | $4.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-25 |
Aggregates USA
Birmingham, Alabama, United States Aggregates USA LLC is a construction company operates 31 facilities serving high growth markets in Georgia, Florida, Tennessee, South Carolina and Virginia. |
Buy | $900M |
