15.12.2021 11:53

Saint-Gobain and Cementos Argos have entered into an agreement to create a joint-venture in Colombia to develop Mortar solutions

Saint-Gobain is a worldwide leader in sustainable habitat and one of the 100 most innovative global companies, with more than 350 years of history, more than 167 thousand of employees and presence in 72 countries. In Colombia, Saint-Gobain is leader on the construction glass market, insulation and abrasives manufacturing in 4 different locations.

Fully focused on customers and end users, this partnership will combine the global Mortars technology and know-how of Saint-Gobain with the strong leadership and local presence of Argos, offering a wide range of solutions across Colombia to accelerate the evolution of the construction market towards a more professional and sustainable future, creating employment and long-term value for all stakeholders.

This project aims to strengthen the leadership and growth of both companies in the region by improving the offer of a comprehensive range of solutions for light and sustainable construction.

The completion of the transaction, expected in the coming months, is subject to approval by the Colombian competition authority.

Region: USA
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