Grupo Estrella fully purchased the Cemex Panama assets

Grupo Estrella announced the purchase of the assets of Cemex Panama with an investment of more than US$ 200m. The acquisition in Panama includes the the BAYANO cement plant (photo) with two integrated production lines, as well as all its assets related to cement, concrete plants, and aggregates. The ESTRELLA Group, with 42 years of experience, is a leading construction company in the Dominican Republic, Central America, and the Caribbean. In Panama the company already operates the Cemento PANAM plant, which has a capacity of 1.2 Mta.

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