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History

1934

1934

Compañía de Cementos Argos (Currently Grupo Argos) was founded

1937

1937

Cementos del Nare was created

1938

1938

Cementos del Valle was founded

1944

1944

Cementos del Caribe (Currently Cementos Argos) was founded

1946

1946

Cementos El Cairo was established

1963

1963

Tolcemento was founded

1977

1977

Compañía Colombiana de Clínker, Colclinker, was founded, current Cartagena Plant

1982

1982

Start of operations for Cementos Paz del Río Plant

1986

1986

Cementos Rioclaro is established

2005

2005

Cementos Argos is born through the operation in which Cementos del Caribe absorbed, Cementos del Valle, Cementos Paz del Río, Cementos Rioclaro, Colclínker, Tolcemento, Cementos El Cairo and Cementos del Nare

The internationalization plan begins in the United States through the acquisition of Southern Star Concrete Company (USD 245M) and Concrete Express (USD 12.5M), concrete companies located in Texas and Arkansas

2006

2006

Acquisition of RMCC (Ready Mix Concrete Company) (USD 435M), a company with a footprint of around 80 concrete plants in North Carolina, South Carolina and Virginia

Acquisition of Cementos Andino, a cement company in Colombia (USD 192M)

2007

2007

Acquisition of Central Aggregates LLC (USD 12M) and HRM (USD 43.5M) to expand operations in Texas

2008

2008

Duty free zone in Cartagena is created

2009

2009

Acquisition of Holcim assets in the Caribbean (Panama, Dominican Republic, Haiti, Saint Thomas, Saint Martin, Antigua and Dominica) (USD 157M)

2010

2010

Start of operations of the dry line of the Cartagena Plant

Investment in the Suriname operation that includes a port and a milling and packing station

2011

2011

Acquisition of a package of Lafarge assets in the United States that includes two cement plants, Roberta and Harleyville, a cement grinding mill in Atlanta, ready-mix plants in Georgia, South Carolina, Alabama and Florida, as well as five rail terminals and one maritime terminal (USD 760M)

2012

2012

Spin-off of non-cement assets to Grupo Argos

2013

2013

Successful issuance of preferred shares

Acquisition of Lafarge assets in Honduras (USD 300M)

Joined the Dow Jones Sustainability World Index as one of the most sustainable cement companies in the world, a distinction that has been maintained until 2022

Inclusion in the S&P Global Sustainability Yearbook, a distinction that is maintained until 2022

2014

2014

Acquisition of Vulcan assets, including the Newberry cement plant and two cement mills in Florida. Additionally, 69 concrete plants, 13 block production plants and two port terminals (USD 720M)

Acquisition of French Guiana (USD 83M)

2015

2015

Acquisition of assets in Puerto Rico (USD 18M)

2016

2016

Acquisition of a cement plant and 8 terminals, assets of Heidelberg Cement in West Virginia (USD 660M)

2018

2018

Strategic divestment of 13 block manufacturing plants and a construction materials warehouse in the USA (USD 50M)

2019

2019

Divestment of Forest, 28 concrete plants in Arkansas, Virginia, South Carolina and Georgia, (USD 95M)

2020

2020

Cementos Argos enters the Guatemalan market

Argos enters the FTSE4Good for the first time as one of the companies in the construction materials sector with the best corporate governance, environmental and social management practices, a recognition that is still valid today

Launch of Green Cement in Colombia, an environmentally friendly product that reduces CO2 emissions by up to 35% during its production

Inauguration of our first solar farm in Comayagua (HON), in association with Celsia

In Honduras, we launched the ECO Multipurpose Cement, the first environmentally friendly cement in the country. Due to its sustainable production process, CO2 emissions are reduced by 40%

Together with the GCCA and other leading companies in the sector, we launched the Climate Ambition to 2050 program

2021

2021

Strategic divestment of 24 concrete plants in Dallas (USD 180M)

Recorded the highest EBITDA in the company’s history reaching, COP 1,982 million*

*Excluding COP 174,000 million of the gain on sale of the divestment of Dallas

2022

2022

Argos USA sells 23 concrete plants, 18 located in North Carolina and 5 in Florida. As part of its divestment plan in non-strategic assets (USD 93M)

1934

1934

Compañía de Cementos Argos (Currently Grupo Argos) was founded

1937

1937

Cementos del Nare was created

1938

1938

Cementos del Valle was founded

1944

1944

Cementos del Caribe (Currently Cementos Argos) was founded

1946

1946

Cementos El Cairo was established

1963

1963

Tolcemento was founded

1977

1977

Compañía Colombiana de Clínker, Colclinker, was founded, current Cartagena Plant

1982

1982

Start of operations for Cementos Paz del Río Plant

1986

1986

Cementos Rioclaro is established

2005

2005

Cementos Argos is born through the operation in which Cementos del Caribe absorbed, Cementos del Valle, Cementos Paz del Río, Cementos Rioclaro, Colclínker, Tolcemento, Cementos El Cairo and Cementos del Nare

The internationalization plan begins in the United States through the acquisition of Southern Star Concrete Company (USD 245M) and Concrete Express (USD 12.5M), concrete companies located in Texas and Arkansas

2006

2006

Acquisition of RMCC (Ready Mix Concrete Company) (USD 435M), a company with a footprint of around 80 concrete plants in North Carolina, South Carolina and Virginia

Acquisition of Cementos Andino, a cement company in Colombia (USD 192M)

2007

2007

Acquisition of Central Aggregates LLC (USD 12M) and HRM (USD 43.5M) to expand operations in Texas

2008

2008

Duty free zone in Cartagena is created

2009

2009

Acquisition of Holcim assets in the Caribbean (Panama, Dominican Republic, Haiti, Saint Thomas, Saint Martin, Antigua and Dominica) (USD 157M)

2010

2010

Start of operations of the dry line of the Cartagena Plant

Investment in the Suriname operation that includes a port and a milling and packing station

2011

2011

Acquisition of a package of Lafarge assets in the United States that includes two cement plants, Roberta and Harleyville, a cement grinding mill in Atlanta, ready-mix plants in Georgia, South Carolina, Alabama and Florida, as well as five rail terminals and one maritime terminal (USD 760M)

2012

2012

Spin-off of non-cement assets to Grupo Argos

2013

2013

Successful issuance of preferred shares

Acquisition of Lafarge assets in Honduras (USD 300M)

Joined the Dow Jones Sustainability World Index as one of the most sustainable cement companies in the world, a distinction that has been maintained until 2022

Inclusion in the S&P Global Sustainability Yearbook, a distinction that is maintained until 2022

2014

2014

Acquisition of Vulcan assets, including the Newberry cement plant and two cement mills in Florida. Additionally, 69 concrete plants, 13 block production plants and two port terminals (USD 720M)

Acquisition of French Guiana (USD 83M)

2015

2015

Acquisition of assets in Puerto Rico (USD 18M)

2016

2016

Acquisition of a cement plant and 8 terminals, assets of Heidelberg Cement in West Virginia (USD 660M)

2018

2018

Strategic divestment of 13 block manufacturing plants and a construction materials warehouse in the USA (USD 50M)

2019

2019

Divestment of Forest, 28 concrete plants in Arkansas, Virginia, South Carolina and Georgia, (USD 95M)

2020

2020

Cementos Argos enters the Guatemalan market

Argos enters the FTSE4Good for the first time as one of the companies in the construction materials sector with the best corporate governance, environmental and social management practices, a recognition that is still valid today

Launch of Green Cement in Colombia, an environmentally friendly product that reduces CO2 emissions by up to 35% during its production

Inauguration of our first solar farm in Comayagua (HON), in association with Celsia

In Honduras, we launched the ECO Multipurpose Cement, the first environmentally friendly cement in the country. Due to its sustainable production process, CO2 emissions are reduced by 40%

Together with the GCCA and other leading companies in the sector, we launched the Climate Ambition to 2050 program

2021

2021

Strategic divestment of 24 concrete plants in Dallas (USD 180M)

Recorded the highest EBITDA in the company’s history reaching, COP 1,982 million*

*Excluding COP 174,000 million of the gain on sale of the divestment of Dallas

2022

2022

Argos USA sells 23 concrete plants, 18 located in North Carolina and 5 in Florida. As part of its divestment plan in non-strategic assets (USD 93M)