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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.