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Cementos Progreso to acquire Cemex assets in Costa Rica and El Salvador · Endata

◂ Announcements

Construction Materialsworld trade 2024+2.5% 5Y CAGR

Dec 20, 2021ACQUISITIONCosta Rica and El Salvador, Costa Rica

Cementos Progreso to acquire Cemex assets in Costa Rica and El Salvador

Cemex announced on December 20, 2021, the sale of one integrated cement plant, one grinding plant, seven ready-mix concrete plants, one aggregate quarry and one terminal in Costa Rica and one terminal in El Salvador to Cementos Progreso for approximately US$335 million. The sale is expected to close in the first half of 2022.

Value

$335.0M

Status

Announced

Productscementready-mix concreteaggregates

CompaniesCemex target Cementos Progreso acquirer

Sectors#Construction Materials

“Cemex announced that it was selling one integrated cement plant, one grinding plant, seven ready-mix concrete plants, one aggregate quarry and one terminal in Costa Rica and one terminal in El Salvador.”globalcement.com

1 source
globalcement.comCement industry news from Global CementDavid Perilli, Global CementJan 5, 2022

Summarized from public sources; check the original articles before acting on it.

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Jun 23, 2022INVESTMENTUnited Kingdom, United Kingdom$2.80M
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Apr 13, 2022INVESTMENTEgypt$20.0M
Cemex announces US$20m investment in Egypt
Cemex globalcement.com
Mar 21, 2022ACQUISITIONCosta Rica and El Salvador$335.0M
Cementos Progreso acquires Cemex assets in Costa Rica and El Salvador
Cemex target Cementos Progreso acquirer bloomberglinea.com

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