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1934
Compañía de Cementos Argos (Currently Grupo Argos) was founded
1937
Cementos del Nare was created
1938
Cementos del Valle was founded
1944
Cementos del Caribe (Currently Cementos Argos) was founded
1946
Cementos El Cairo was established
1963
Tolcemento was founded
1977
Compañía Colombiana de Clínker, Colclinker, was founded, current Cartagena Plant
1982
Start of operations for Cementos Paz del Río Plant
1986
Cementos Rioclaro is established
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
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
Acquisition of Central Aggregates LLC (USD 12M) and HRM (USD 43.5M) to expand operations in Texas
2008
Duty free zone in Cartagena is created
2009
Acquisition of Holcim assets in the Caribbean (Panama, Dominican Republic, Haiti, Saint Thomas, Saint Martin, Antigua and Dominica) (USD 157M)
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
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
Spin-off of non-cement assets to Grupo Argos
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
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
Acquisition of assets in Puerto Rico (USD 18M)
2016
Acquisition of a cement plant and 8 terminals, assets of Heidelberg Cement in West Virginia (USD 660M)
2018
Strategic divestment of 13 block manufacturing plants and a construction materials warehouse in the USA (USD 50M)
2019
Divestment of Forest, 28 concrete plants in Arkansas, Virginia, South Carolina and Georgia, (USD 95M)
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
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
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)
2024
Cementos Argos successfully combines its operations in the United States with Summit Materials to create a leading US building materials platform with national scale
1934
Compañía de Cementos Argos (Currently Grupo Argos) was founded
1937
Cementos del Nare was created
1938
Cementos del Valle was founded
1944
Cementos del Caribe (Currently Cementos Argos) was founded
1946
Cementos El Cairo was established
1963
Tolcemento was founded
1977
Compañía Colombiana de Clínker, Colclinker, was founded, current Cartagena Plant
1982
Start of operations for Cementos Paz del Río Plant
1986
Cementos Rioclaro is established
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
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
Acquisition of Central Aggregates LLC (USD 12M) and HRM (USD 43.5M) to expand operations in Texas
2008
Duty free zone in Cartagena is created
2009
Acquisition of Holcim assets in the Caribbean (Panama, Dominican Republic, Haiti, Saint Thomas, Saint Martin, Antigua and Dominica) (USD 157M)
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
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
Spin-off of non-cement assets to Grupo Argos
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
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
Acquisition of assets in Puerto Rico (USD 18M)
2016
Acquisition of a cement plant and 8 terminals, assets of Heidelberg Cement in West Virginia (USD 660M)
2018
Strategic divestment of 13 block manufacturing plants and a construction materials warehouse in the USA (USD 50M)
2019
Divestment of Forest, 28 concrete plants in Arkansas, Virginia, South Carolina and Georgia, (USD 95M)
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
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
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)
2024
Cementos Argos successfully combines its operations in the United States with Summit Materials to create a leading US building materials platform with national scale