M&A Deal Summary |
|
|---|---|
| Date | 2016-08-18 |
| Target | HeidelbergCement AG - Cement Plant Assets |
| Sector | Building Materials |
| Buyer(s) | Cementos Argos |
| Sellers(s) | HeidelbergCement |
| Deal Type | Divestiture |
| Deal Value | 660M USD |
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| Category | Company |
|---|---|
| Founded | 1934 |
| Sector | Building Materials |
| Employees | 7,000 |
| Revenue | 12.72T COP (2023) |
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 founded in 1934 and is based in Barranquilla, Colombia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Building Materials M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Germany M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2014-01-23 |
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. |
Buy | $720M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-07 |
Argos USA
Alpharetta, Georgia, United States Argos USA is a provider of ready-mixed concrete that focuses on the production of specialty construction materials like color masonry cement, mortars, and unique concrete mixes. Argos USA was formed in 1936 and is based in Alpharetta, Georgia. |
Sell | $3.2B |
| Category | Company |
|---|---|
| Founded | 1873 |
| Sector | Building Materials |
| Employees | 50,780 |
| Revenue | 21.2B EUR (2024) |
HeidelbergCement is a German multinational building materials company that operates as a prominent player in the fields of cement, concrete, and other downstream activities. HeidelbergCement was founded in 1873 and is based in Heidelberg, Germany.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector: Building Materials M&A | 5 of 6 |
| Type: Divestiture M&A Deals | 5 of 6 |
| Country: Germany M&A | 3 of 4 |
| Year: 2016 M&A | 2 of 2 |
| Size (of disclosed) | 2 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-25 |
Compagnie des Ciments Belges S.A.
Gaurain-Ramecroix, Belgium Compagnie des Ciments Belges S.A. is a producer of different kinds of cement, aggregates, and ready-to-use concrete. |
Sell | €312M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-20 |
Italcementi
Bergamo, Italy Italcementi S.p.A is an Italian building materials company producing cement and ready-mixed concrete. Italcementi was formed in 1864 and is based in Bergamo, Italy. |
Buy | - |
