Cementos Argos rules out acquisition of assets in Brazil held by Holcim and Lafarge
Cementos Argos descarta la compra de activos de Holcim y Lafarge en Brasil
A Cementos Argos descarta a compra dos ativos da Holcim e da Lafarge no Brasil
Intel ID : 220935
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Colombia-based Cementos Argos ruled out possible acquisition of assets in Brazil held by Switzerland-based Holcim and France-based Lafarge. According to Argos, acquiring such assets would not generate expected value in the investments, and decided not to move forward in the analysis of a possible acquisition. In August 2014, Holcim and Lafarge announced their intention to sell three integrated cement plants and two grinding stations, as well as a mixing plant in southeastern Brazil. (See related Radar)
(content in spanish)
La compañía colombiana Cementos Argos ha descartado la posible compra de los activos ubicados en Brasil y que son propiedad de la suiza Holcim y la francesa Lafarge. Según la compañía colombiana, una adquisición de dichos activos no generaría el valor esperado en sus inversiones, y por lo tanto ha decidido no seguir adelante en el proceso de estudio de una eventual adquisición de los mismos. Las empresas europeas anunciaron en agosto de 2014 su intención de vender tres plantas cementeras integradas y dos estaciones de molienda, así como una planta mezcladora en el sureste de Brasil. (Ver Radar relacionado)
(content in portuguese)
A empresa colombiana Cementos Argos descartou a possibilidade de comprar os ativos localizados no Brasil e que são propriedade da empresa suíça Holcim e da francesa Lafarge. Segundo a empresa colombiana, a aquisição dos ativos não geraria o valor esperado em seus investimentos, e deste modo, a empresa decidiu não seguir adiante com a análise de uma eventual aquisição dos mesmos. As empresas europeias anunciaram em agosto de 2014 sua intenção de vender três fábricas de cimento e duas estações de britagem, assim como uma planta de mistura no sudeste brasileiro. (Ver Radar relacionado) |
Relevant Documents
| Notice / Relevant Fact | 06 Dec 2014 | Cementos_Argos_Hecho_Relevante_2014.pdf | ES |
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| Intel ID | 220935 | |
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Financial Data - Cementos Argos
(31 Dec 2014) |
Revenue: EUR 1,83m EBITDA: EUR 0,33m Exchange Rate: 
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55.03.01 Aggregates & Other Raw Construction Materials 55 Raw Materials & Natural Resources / 55.03 Construction Materials |
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55.03.02 Cement & Concrete 55 Raw Materials & Natural Resources / 55.03 Construction Materials |
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55.03.02 Cement & Concrete 55 Raw Materials & Natural Resources / 55.03 Construction Materials |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.