Grupo Argos SA - Company Profile
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Grupo Argos SA (Argos) is an infrastructure asset manager. It has operations in cement, energy, roadway and airport concessions, real estate, and investment portfolios. The company is involved in the production of cement-based mixtures, electricity generation and distribution, and the management of large infrastructure projects. Its products and services cater to various industries, including construction, energy, and transportation, serving both residential and industrial customers. Argos operates through a network of subsidiaries and partners to distribute its products and services. The company has a presence in multiple countries across the Americas, focusing on markets with high development potential. Argos is headquartered in Medellín, Antioquia, Colombia.
Headquarters
Colombia
Address
Carrera 43a N 1a Sur - 143, Centro Santillana, Torre Sur, Piso 2, Medellin, Antioquia
Website
www.grupoargos.com/es-co
Telephone
57 6 043158400
No of Employees
11,250
Industry
Construction
Ticker Symbol & Exchange
GRUPOARGOS (CLB)
Revenue (2024)
$2.9B
-22.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-38.2%
(2024 vs 2023)
Market Cap*
$3.1B
Net Profit Margin (2024)
XYZ
-20.3%
(2024 vs 2023)
* As of and is in US$
Grupo Argos SA premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Cement | Logistics |
| Lime | Real Estate Development |
| Ready-mix Concrete | Road Concession |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In September, the company started constructing two infrastructure projects in Dabeiba, Antioquia. |
| 2024 | Contracts/Agreements | In December, the company and Grupo Sura entered into a spin-off agreement, under the agreement they agreed on a transaction to eliminate the cross-shareholdings. |
| 2024 | Others | In November, the company launched the Juntos por Uraba project in Turbo, Antioquia. |
Competitor Comparison
| Key Parameters | Grupo Argos SA | CEMEX SAB de CV | Vulcan Materials Co | GCC SAB de CV | Corporacion Moctezuma SAB de CV |
|---|---|---|---|---|---|
| Headquarters | Colombia | Mexico | United States of America | Mexico | Mexico |
| City | Medellin | San Pedro Garza Garcia | Birmingham | Chihuahua | Miguel Hidalgo |
| State/Province | Antioquia | Nuevo Leon | Alabama | Chihuahua | Mexico City |
| No. of Employees | 11,250 | 39,462 | 11,172 | 3,172 | 1,347 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jaime Alberto Palacio | Chairman | Executive Board | 2026 | - |
| Arturo Pelaez | Chief Operating Officer | Senior Management | 2025 | - |
| Alejandro Piedrahita | Vice President - Strategy and Corporate Finance | Senior Management | 2015 | 56 |
| Rafael Olivella | Vice President - Legal Affairs | Senior Management | - | 48 |
| Claudia Betancourt | Director | Non Executive Board | 2018 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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