Subsidiary companies



Argos is a leading company in the production of cement and concrete in the markets where it operates. The company's constant growth has allowed it to become the second largest concrete producer in the United States and the first in cement and concrete in Colombia

Present in


More than


Installed capacity
23 million tons

year cement

Installed capacity
16.5 million

M3 year of concrete



Celsia has been transformed in recent years to be a benchmark for innovation and sustainability in the electricity industry. It is present in the four businesses of the sector: generation, transmission, distribution and marketing. The company is a leader in the adoption of renewable energies, thanks to a diversified generation portfolio, with hydroelectric, wind and solar assets, as well as thermal assets.

Present in


More than


More than

MW of generation

More than




Odinsa is a regional platform through which our road and airport concessions businesses are developed. It has a balanced portfolio of different types of assets in many geographies and in different stages of development. Currently, it manages the airports of Bogota and Quito, as well as 4 highways in Colombia, the Dominican Republic and Aruba.

Present in




road concessions

in operation

road concessions

under construction



The ability to transform the societies where we are present in is evident in the projects we develop, especially in Barranquilla and Baru (Colombian Caribbean), through a friendly and innovative urban development that benefits these areas and their inhabitants, with respect for the environment. Know more

to develop
2.000 h


More than
400 ha


More than
35 years

of experience

  • Portfolio investments

    In aims of diversifying our investments, we have a relevant participation in companies from other sectors that share Grupo Argos’ same business commitment in developing projects that improve the quality of life of the societies where we are present.

  • Subsidiaries

    At Grupo Argos, we develop our businesses with the support of a group of subordinated companies that allow us to properly comply with our corporate strategy.



    Sator S.A.S.  98,77% Colombia
    Servicios Corporativos Integrales S.A.S. - SUMMA S.A.S.  77,81% Colombia
    Sociedad Concesionaria Operadora Aeroportuaria Internacional S.A. - Opain S.A.  64,96% Colombia
    Cementos Argos S.A. 58,51% Colombia
    American Cement Terminals LLC.  58,51% Estados Unidos
    Argos (Dominica) Ltd.  58,51% Dominica
    Argos Dominicana S.A.  47,15% República Dominicana
    Argos Guatemala S.A. 58,51% Guatemala
    Argos Guyane S.A.S.  58,51% Guayana Francesa
    Argos Honduras S.A. de C.V. 31,18% Honduras
    Argos North America Corp.  58,89% Estados Unidos
    Argos Panamá, S.A.  45,90% Panamá
    Argos Ports (Wilmington) LLC.  58,51% Estados Unidos
    Argos Puerto Rico, Corp.  35,11% Puerto Rico
    Argos SEM, LLC.  58,51% Estados Unidos
    Argos St. Maarten N.V.  58,51% St. Maarten
    Argos Trading Puerto Rico LLC 35,11% Puerto Rico
    Argos USA LLC.  58,89% Estados Unidos
    Argos USVI Corp.  58,51% Islas Vírgenes Estadounidenses
    Cementos Argos Company Limited  58,51% Antigua
    Cement and Mining Engineering Inc.  58,51% Panamá
    Cementos de Caldas S.A.  58,30% Colombia
    CI del Mar Caribe (BVI) Inc.  58,52% Islas Vírgenes Británicas
    Cimenterie Nationale S.E.M. (CINA)  38,03% Haití
    Colcaribe Holdings S.A.  58,51% Panamá
    Comercial Arvenco C.A.  58,51% Venezuela
    Concreto S.A.  45,90% Panamá
    Concretos Argos S.A.S. 58,74% Colombia
    Concretos Argos Dominicanos, S.R.L.  47,26% República Dominicana
    Corporaciones e Inversiones del Mar Caribe S.A.S.  58,51% Colombia
    Haití Cement Holding S.A.  58,51% Panamá
    Inmuebles Miraflores S.A. 58,51% Panamá
    Logística de Transporte S.A.  58,51% Colombia
    Southern Star Leasing, LLC  58,89% Estados Unidos
    Supply Link LLC 58,89% Estados Unidos
    Surcol Houdstermaatschapij NV  29,26% Surinam
    Terminal Granelera Bahía Las Minas S.A.  45,90% Panamá
    Transatlantic Cement Carriers Inc.  58,51% Panamá
    Valle Cement Investments Inc.  61,91% Panamá
    Venezuela Ports Company S.A.  58,51% Panamá
    Vensur N.V.  24,63% Surinam
    Zona Franca Argos S.A.S.  58,51% Colombia
    Celsia S.A.  52,93% Colombia
    Alternegy S.A. 52,93% Panamá
    Bahía Las Minas Corp. 27,12% Panamá
    Bontex S.A. 52,93% Panamá
    Celsia Centroamérica S.A. 52,93% Panamá
    Celsia Colombia Inversiones S.A.S. 34,46% Colombia
    Celsia Colombia S.A. E.S.P. 34,46% Colombia
    Celsia Costa Rica S.A.  52,93% Costa Rica
    Celsia Honduras S.A. de C.V. 31,76% Honduras
    Celsia Move S.A.S. 34,46% Colombia
    Celsolar S.A. 52,93% Panamá
    Colener S.A.S. 52,93% Colombia
    Compañía de Electricidad de Tuluá S.A. E.S.P. - CETSA E.S.P.  33,96% Colombia
    Divisa Solar 10MW, S.A. 52,93% Panamá
    Enerwinds de Costa Rica S.A.  32,34% Costa Rica
    LandCO La Gloria S.A. 52,93% Costa Rica
    Planta Eólica Guanacaste S.A. (PEG) 52,93% Costa Rica
    Porvenir II S.A.S E.S.P. 52,93% Colombia
    Termoeléctrica El Tesorito S.A.S. E.S.P. 19,82% Colombia
    Odinsa S.A.  99,88% Colombia
    Autopistas de los Llanos S.A. en Liquidación 68,38% Colombia
    Autopistas del Café S.A.  59,60% Colombia
    Autopistas del Nordeste Cayman LTD  67,42% Islas Cayman 
    Autopistas del Nordeste S.A. 67,42% República Dominicana
    Autopistas del Oeste S.A.  79,82% República Dominicana
    Boulevard Turístico del Atlántico S.A.  67,42% República Dominicana
    Caribbean Infraestructure Company N.V. 99,88% Aruba
    Chamba Blou N.V.  99,88% Aruba
    Concesión Tunel Aburra Oriente S.A. 52,56% Colombia
    Concesión Vial de los Llanos S.A.S. 59,94% Colombia
    Constructora Bogotá fase III-Confase S.A. 50,94% Colombia
    JV Proyecto ADN, S.R.L.  67,42% República Dominicana
    JV Proyecto BTA S.R.L. 67,42% República Dominicana
    Marjoran Riverside Company 99,88% Islas Vírgenes Británicas
    Odinsa Holding. Inc.  99,88% Islas Vírgenes Británicas
    Odinsa Proyectos e Inversiones S.A.  99,55% Colombia
    Odinsa Servicios S.A.S.  99,88% Colombia
    Quadrat Group Inc.  99,88% Islas Vírgenes Británicas