Grupo Argos SA - Company Profile

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Grupo Argos SA: Overview

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Grupo Argos SA (Argos) is a diversified investment holding company. It invests in cement, energy, highways, ports, city planning, financial, food, real estate, and coal businesses. The company’s product portfolio includes lime, cement, clinker, ready-mix concrete, and related construction materials. Argos also carries out airport, highway, and cargo concession operations and operates port terminals in Colombia. It also carries out asset management and real estate business. The company offers products and services through three key subsidiaries include Cementos Argos SA, Celsia SA ESP, and Odinsa SA. It has an operational presence in Colombia, the US, Panama, Caribbean Islands, Honduras, Haiti, Costa Rica, Suriname, Chile, and the Dominican Republic. Argos is headquartered in Medellin, Antioquia, Colombia

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Headquarters Colombia
Address Carrera 43a N 1a Sur - 143, Centro Santillana, Torre Sur, Piso 2, Medellin, Antioquia, 050021
Website www.grupoargos.com
Telephone 57 4 3158400
No of Employees 11,250
Industry Construction
Ticker Symbol & Exchange GRUPOARGOS (CLB)
Revenue (2022) $5.2B 5.9% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 3.9% (2022 vs 2021)
Market Cap* $3.3B
Net Profit Margin (2022) XYZ -1.9% (2022 vs 2021)
* As of and is in US$
View Grupo Argos SA financials
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Grupo Argos SA premium industry data and analytics

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Construction Projects

Access new construction projects and identify projects matching key criteria such as location, stage, sector, size, funding  and many others.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Grupo Argos SA’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Cement Logistics
Lime Marketing
Ready-mix Concrete Road Concession
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Commercial Operation In September, Cementos Argos Honduras commissioned a 1.6GWh/yr solar power plant at its Choloma grinding plant in Rio Blanquito, Honduras.
2023 Plans/Strategy In September, the company's cement business announced its plans to combine its assets in the US with Summit Materials.
2023 Contracts/Agreements In June, the company entered into a share swap agreement with multiple parties to transfer its stake in food processor Grupo Nutresa.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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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 -
No. of Employees 11,250 46,124 10,382 2,880 1,262
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
Jorge Mario Velasquez President - Grupo Argos; Chief Executive Officer Senior Management 2016 63
Alejandro Piedrahita Vice President - Strategy and Corporate Finance Senior Management 2015 50
Rafael Olivella Vice President - Talent and Corporate Affairs Senior Management 2019 45
Rosario Cordoba Chairman Non Executive Board 2011 -
Claudia Betancourt Director Non Executive Board 2018 -
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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