Holcim signed an agreement with Cemex Colombia to acquire construction materials operations in the country
The acquisition will complement Holcim's existing operations in Colombia. Photo: Private Archive
TL;DR
- Holcim acquired Cemex's construction materials and solutions operations in Colombia for approximately $485 million.
- The acquisition includes 20 production centers in Colombia, such as the Caracolito cement plant and Santa Rosa grinding station, along with multiple concrete, aggregate, mortar, and additive plants.
- These new operations are expected to generate additional net sales of around $360 million by 2026.
- The transaction strengthens Holcim's position in Colombia and aligns with its NextGen Growth 2030 strategy for sustainable construction leadership in Latin America.