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

Cementos Argos and Saint-Gobain announced the closing of an agreement to create a joint venture in Colombia, Saint-Gobain Weber Colombia S.A.S., to develop mortar solutions. Saint-Gobain acquired 60% and Cementos Argos acquired 40% of the joint venture vehicle.

- Type: Acquisition
- Announced: 2023-01-03
- Where: Colombia
- Status: completed
- Products: mortar solutions
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Saint-Gobain](https://endata.com/companies/1801.md) (acquirer)
- [Cementos Argos](https://endata.com/companies/20596.md) (partner)

## Sources

- [toprankedlegal.com](https://www.toprankedlegal.com/press-release/cementos-argos-and-saint-gobain-create-a-joint-venture-in-colombia/), 2023-01-03: "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."

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