Holcim buys Cemex operation in Guatemala

La Nación, Grupo Nación

Lean Right

Factuality

Ownership

Holcim acquired 100% of the operation of its Mexican competitor, Cemex, in Guatemala, with the objective of increasing the company's presence in Central America, since it already has a presence in El Salvador, Costa Rica and Nicaragua. The business includes a cement grinding plant, two fixed ready mix concrete plants, a mobile ready mix concrete plant, a maritime terminal and five distribution centers. In addition, the business includes a team o…

elfinancierocr.com

Factuality

Ownership

The company Holcim announced the acquisition of 100% of the operations of its competitor Cemex in Guatemala. In this way, Holcim expands its presence in Central America, since it is already represented in Costa Rica, Nicaragua and El Salvador. According to a statement from the parent company of Cemex, the operation was closed for an amount close to $200 million. The operation in Guatemala includes a cement grinding plant located 5 km from Puerto…