Holcim bought a company for more than US $ 32 million

The Argentine Swiss cement subsidiary Holcim announced this Thursday to the National Securities Commission (CNV) that agreed the purchase of Horcrisa the third largest company in the country dedicated to the production and sale of prepared concrete, with which will expand your businesses.

This company was born in 2001 and has a production capacity of 1.2 million cubic meters annual, equivalent to building 3,000 average houses a year. She owns Procrisa company dedicated to the manufacture of PVC openings – which in this case was not sold – and was a sponsor of the national teams in an agreement with the AFA during 2024.

Has seven manufacturing plants In the province of Buenos Aires, located in Isidro Casanova, Pacheco and Caseros.

While Holcim expands, his rival Black Loma -Property of the Brazilian intercement- months ago looking for a buyer. His sale was unleashed by the financial problems of his owner, who entered into a bankruptcy in his country. On the way, the Argentine firm’s transfer to the National Siderúrgic Company (CSN), also of Brazilian origin was frustrated.

With 90 years in the country and four floors in Buenos Aires, Córdoba, Mendoza and Jujuy, Holcim will disburse US $ 32.5 million of which US $ 29.5 million will be in a fee and the remaining balance of US $ 3 million payable three times.

Said balance will accrue compensatory interest At an interest rate equivalent to the performance of the United States Treasury Bonds to five years, interests that will be paid with each quota, he said.

In that way, The cement company expands its portfolio And seek that this year the 30% From their net sales come from its business division of ‘Solutions and Products’, in which it has its network of corralones of construction materials Design.

By Editor

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