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News InterCement agrees to sell its 52% share of Loma Negra

InterCement agrees to sell its 52% share of Loma Negra

Written by Global Cement staff 28 July 2025
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Argentina: An investment group presided over by Argentina-based businessman Marcelo Mindlin has moved one step closer to becoming the new owner of the cement company Loma Negra. The local group is negotiating the acquisition of Loma Negra shares that are currently in the hands of InterCement, the cement company of the Brazil-based holding company Camargo Corrêa. If the deal goes through, Mindlin will control 52% of Loma Negra’s shares, while the remaining shares are listed on the Buenos Aires and New York stock exchanges.

 

InterCement said in late July 2025 that it had reached an agreement in principle to negotiate the sale of the shares of Loma Negra, within the framework of a restructuring of its liabilities. The deadline for the completion of negotiations is 15 August 2025. Subsidiary Loma Negra is the leading cement producer in Argentina, with a market share of close to 45%. The company will celebrate its centenary in 2026.

Last modified on 30 July 2025
Published in Global Cement News
Tagged under
  • Americas
  • Argentina
  • Brazil
  • Intercement
  • Loma Negra
  • Camargo Correa
  • Sale
  • Acquisition
  • GCW720

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