Colombia: The Financial Superintendence of Colombia has authorised a proposed merger between Cementos Argos and Concretos Argos. The company explained that both entities carry out complementary activities and that the integration aims to move toward a ‘simpler, more agile, and more efficient’ corporate structure without disrupting operational continuity. Cementos Argos will act as the absorbing company in the transaction, while Concretos Argos will be the absorbed entity, given that the former is the sole shareholder of the latter.
The process had already been approved by the competent bodies of both companies on 17 March 2026. It received the backing of the General Assembly of Ordinary Bondholders for Cementos Argos’ outstanding issuances on 15 April 2026, prior to obtaining final authorisation from the Financial Superintendence on 30 June 2026.
