Consortium Centro América Abogados - Honduras Advises Cementos Arogs in USD 305 Million Transaction
September, 2013 - Honduras, Honduras
Consortium Honduras acted as local counsel to acquirer, Cementos Argos, fifth cement producer in Latin America and second in the United States, in a USD 305 million acquisition of the largest cement company in Honduras, Lafarge Cementos, in the country´s biggest deal in 2013. The acquired company has a yearly production capacity of 1.3 million metric tons, increasing Argo´s yearly production capacity to 17 million metric tons. Consortium Honduras participated throughout the due diligence process with U.S. firms and in house counsel in Colombia and Honduras. Consortium is preparing the applicable regulatory approvals. The Consortium team advising Cementos Argos was led by Partners José Rafael River and Gustabo León Gómez, and Associates, Patricia Solórzano, Juan de Dios Herrera and Roberto Núñez.
