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Announced

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SRM Concrete completed the acquisition of 24 concrete plants in Dallas from Grupo Argos.

Synopsis

SRM Concrete, a provider of concrete, completed the acquisition of 24 concrete plants in Dallas from Grupo Argos, a Colombian conglomerate with large investments in the cement and energy industries. Financial terms were not disclosed. Argos called the sale an ‘important milestone’ in the fulfilment of its non-strategic asset divestment plan.

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