Industrials & Building Products

Compañia de Cemento Argos S.A.

Transaction Summary

McColl Partners, LLC acted as financial advisor to Compañia de Cemento Argos S.A. ("Argos") in its acquisition of Concrete Express, Inc. ("Conex"), which closed on September 30, 2005. The transaction, which is the firm's second in the ready mixed concrete industry in the last twelve months, provides Argos with a leading independent producer of ready mixed concrete in Georgia and South Carolina. Conex is based in Savannah, Georgia, where Argos has operated a cement import terminal for approximately 16 months, and serves the Savannah, Statesboro, and Ridgeland markets.

About Concrete Express, Inc.

Conex is based in Savannah, Georgia, and produces ready mixed concrete for markets in Georgia and South Carolina. Conex has an annual production capacity of approximately 240,000 cubic yards produced at four ready mixed concrete plants and distributed with a fleet of 31 mixer trucks.

About Compañia de Cemento Argos S.A.

Argos is the largest cement producer in Colombia with a 51% market share and the fifth leading producer of cement in Latin America. Argos exports approximately three million tons of cement annually, 80% of which is imported into the United States through three ports located in Georgia, North Carolina, and South Carolina.   

About McColl Partners, LLC

McColl Partners is an independent investment banking firm specializing in the needs of management and owners of middle-market companies.  With significant experience working with private equity groups, entrepreneurs, family-owned businesses, public companies, financial institutions, and divisions of large companies, the firm is dedicated to offering strategic advice and assistance to its clients regarding mergers and acquisitions and private capital raising assignments.

For more information about our Industrials and Building Products Group, please contact Brad Winer or Brian Davis at (704) 333-0525.  More information about McColl Partners can be found at www.mccollpartners.com.

"We strongly believe McColl Partners´ input, including the development of valuation models and assistance in negotiations, was extremely valuable throughout the transaction process. McColl Partners´ experience in the ready mixed concrete industry and its clear understanding of Argos’ development strategy made the firm an outstanding advisor."

Gabriel Ballestas

Business Development Manager
Compañia de Cemento Argos S.A.

"This transaction is the first move for Argos in its broad strategy to participate in the southeastern U.S. ready mixed concrete industry. Conex’s presence in a location where Argos can leverage its existing cement terminal will enable the companies to better serve their customers in the region."

Eric Andreozzi

Managing Director
McColl Partners, LLC