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News Smyrna Ready Mix Concrete to acquire 23 ready-mix concrete plants from Argos USA

Smyrna Ready Mix Concrete to acquire 23 ready-mix concrete plants from Argos USA

Written by Global Cement staff 23 March 2022
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US: Argos USA has agreed to sell a total of 23 US ready-mix concrete batching plants to Smyrna Ready Mix Concrete for US$93m. 18of the plants are situated in North Carolina and the remainder in Southwest Florida. The El Colombiano newspaper has reported that the deal includes a five-year cement supply agreement for all 23 plants. Cementos Argos said that the divestment is part of its plan to divest assets in suburban markets or that are not already integrated into its production and logistics chain.

Published in Global Cement News
Tagged under
  • US
  • Argos USA
  • Argos
  • Smyrna Ready Mix Concrete
  • Acquisition
  • concrete plant
  • concrete
  • North Carolina
  • Florida
  • GCW549
  • Supply
  • agreement

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