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.
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