1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Florida >
  6. Cementos Argos Acquires Vulcan Materials Co. - Cement & Concrete Businesses

M&A Deal Summary

Cementos Argos Acquires Vulcan Materials Co. - Cement & Concrete Businesses

On January 23, 2014, Cementos Argos acquired building materials company Vulcan Materials Co. - Cement & Concrete Businesses from Vulcan Materials for 720M USD

Acquisition Highlights
  • This is Cementos Argos’ 1st transaction in the Building Materials sector.
  • This is Cementos Argos’ largest (disclosed) transaction.
  • This is Cementos Argos’ 2nd transaction in the United States.
  • This is Cementos Argos’ 1st transaction in Florida.

M&A Deal Summary
Date 2014-01-23
Target Vulcan Materials Co. - Cement & Concrete Businesses
Sector Building Materials
Buyer(s) Cementos Argos
Sellers(s) Vulcan Materials
Deal Type Divestiture
Deal Value 720M USD

Target

Vulcan Materials Co. - Cement & Concrete Businesses

Florida, United States
Vulcan Materials Co. - Cement & Concrete Businesses are located in Florida and south Georgia, and include Vulcan's Newberry, Florida cement plant, Tampa and Port Manatee cement terminals and grinding facilities, 69 ready-mixed concrete sites and 13 concrete block and building material sites.

Search 214,877 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Cementos Argos

Barranquilla, Colombia
Category Company
Founded 1934
Sector Building Materials
Employees4,235
Revenue 5.30T COP (2024)
DESCRIPTION

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. Cementos Argos was founded in 1934 and is based in Barranquilla, Colombia.

DEAL STATS #
Overall 2 of 3
Sector: Building Materials M&A 1 of 2
Type: Divestiture M&A Deals 1 of 2
State: Florida M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2014 M&A 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-04-10 Ready Mixed Concrete Co.

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
FOLLOWING DEAL
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

Seller(S) 1

SELLER

Vulcan Materials

Birmingham, Alabama, United States
Category Company
Founded 1909
Sector Building Materials
Employees11,971
Revenue 7.4B USD (2024)
DESCRIPTION
Entrance to Vulcan Materials' corporate headquarters in Birmingham, Alabama.
Entrance to Vulcan Materials' corporate headquarters in Birmingham, Alabama.

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 4
Sector: Building Materials M&A 1 of 3
Type: Divestiture M&A Deals 2 of 4
State: Florida M&A 1 of 1
Country: United States M&A 2 of 4
Year: 2014 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
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
FOLLOWING DEAL
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
Mergr

Solution for

Product

Company

Legal