# Cementos Progreso acquires Cemex assets in Costa Rica and El Salvador

Guatemalan cement producer Cementos Progreso is acquiring Cemex assets in Costa Rica and El Salvador for $335 million, including a cement plant, cement mill, seven ready-mix plants, an aggregates quarry and distribution centers.

- Type: Acquisition
- Announced: 2022-03-21
- Where: Costa Rica and El Salvador
- 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

- [bloomberglinea.com](https://www.bloomberglinea.com/2022/03/21/guatemalas-cementos-progreso-expands-into-costa-rica-el-salvador/), 2022-03-21: "Guatemalan cement producer Cementos Progreso is expanding across Central America with a tranche of acquisitions in Costa Rica and El Salvador valued at $335 million."

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