# 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.

- Type: Acquisition
- Announced: 2021-12-20
- Where: Costa Rica and El Salvador, Costa Rica
- Value: $335.0M
- Status: announced
- Products: cement, ready-mix concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [Cementos Progreso](https://endata.com/companies/37918.md) (acquirer)

## Sources

- [globalcement.com](https://www.globalcement.com/news/analysis?start=244), 2022-01-05: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.