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Always affirming itself as a cement focused company, in 1992 Cimpor started its internationalization strategy.

On December 20, 2012, following the reorganization and asset swap process presented by the shareholder InterCement, Cimpor swapped: the assets in Spain (except Cimpor Inversiones S.A., Cimpor Trading S.A. and Cimpor Eco S.L.), Morocco, Tunisia, Turkey, India, China and Peru, for the InterCement cement and concrete assets and operations in South America (Brazil, Argentina and Paraguay) and in Angola. As previously announced, once the asset swap with Cimpor was concluded, InterCement swaps the assets received, from Cimpor, for Votorantim Cimentos S.A. stake in Cimpor (21% of its share capital).

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