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Cemento Panam buys plant in El Salvador

World 1 source 1 country 🔦 Under-reported 53m ago

Cemento Panam, a subsidiary of Grupo Estrella, has announced the acquisition of Cementos Fortaleza in El Salvador. The transaction includes a production plant located in Acajutla, marking the company’s expansion into a third country within the Central American and Caribbean construction materials market.

This move represents a strategic growth effort for the Dominican-based firm, allowing it to increase its regional footprint. By integrating the Salvadoran facility into its operations, Cemento Panam aims to strengthen its competitive position in the regional building materials sector.

In-depth summary · AI, neutral
Read the full story at the source Diario Libre (Santo Domingo, Dominican Republic) · DO
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