Cementos Argos and Saint-Gobain form mortar joint venture in Colombia

Cementos Argos and Saint-Gobain closed an agreement to create a joint venture, Saint Gobain Weber Colombia S.A.S., to develop mortar solutions in Colombia. Saint-Gobain acquired 60% and Cementos Argos 40% of the joint venture. The deal was announced on November 19, 2021, and closed on February 1, 2022, with a value of 15 billion COP.

“Cementos Argos, a cement company of the Argos Group, and Saint-Gobain announce the closing of an agreement to create a Joint Venture in Colombia with the aim of developing mortar solutions.”phrlegal.com

• 1 source
• phrlegal.comCEMENTOS ARGOS AND SAINT-GOBAIN CREATE JOINT VENTURE TO DEVELOP MORTAR SOLUTIONS IN COLOMBIA - PHR Legal | Posse Herrera RuizValentina ChacónDec 26, 2022

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