Argentine Investor Group Acquires InterCement Debt Stake for Nearly $400 Million
BUENOS AIRES – An Argentine investor group has purchased a notable stake in the debt of InterCement, a Brazilian cement producer, for approximately $400 million, according to a report by Clarin citing sources with knowledge of the transaction. The deal, slated for official announcement at a shareholder meeting on October 6, signals a notable financial maneuver within the Latin american cement industry and reflects growing Argentine investment in Brazilian assets.
The acquisition positions the Argentine investors as key stakeholders in InterCement’s financial future. The move comes as InterCement navigates a competitive market and ongoing infrastructure progress across Brazil. The debt stake purchase is expected to be a focal point of discussion at the upcoming shareholder meeting, where details of the transaction and its implications for the company’s strategy will be unveiled.
Clarin reported the transaction was finalized recently, with the formal announcement scheduled for InterCement’s October 6 shareholder’s meeting. The Argentine investor group’s identity remains undisclosed as of today, September 27, 2025. The nearly $400 million investment underscores confidence in InterCement’s long-term prospects despite broader economic uncertainties in the region.