Summit Materials to buy Cementos Argos' US unit for $3.2 billion

Summit Materials agreed to acquire the U.S. operations of Colombia's Cementos Argos for about $3.2 billion in cash and stock, adding four cement plants in the Southeast, Mid-Atlantic and Texas.

“Summit Materials said on Thursday it would buy the U.S. operations of Columbia's Cementos Argos for about $3.2 billion in cash and stock”reuters.com

• 2 sources
• reuters.comSummit Materials to buy Cementos Argos' US unit in $3.2 bln dealAnanta AgarwalSep 7, 2023
• globalcement.comReconfiguration in the US cement market - Analysis of Cement Sector News from Global CementDavid Perilli, Global CementSep 13, 2023

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