Peru-based Unacem has bought a 100 per cent stake in concrete producer Hormigonera Quito of Ecuador.
Hormigonera Quito operates two industrial plants - one north of Quito on a 16,000m2 site and another one to the south on a 22,000m2 plot.
The concrete manufacturer was established in 1984 and is part of the American Concrete Institute, the Ecuadorian Chamber of Construction and Industry Chamber.
Sign up for our Daily News Service
Our editors' pick the top news delivered to your inbox each day.
Sign up for the daily email