Loma Negra Renews Exclusive Distribution Deal
Ticker: LOMA · Form: 6-K · Filed: Jul 24, 2024 · CIK: 1711375
Sentiment: neutral
Topics: distribution-agreement, renewal, contract
TL;DR
Loma Negra locked in its exclusive distribution deal with Renovación until 2027.
AI Summary
Loma Negra Compania Industrial Argentina Sociedad Anonima announced on July 24, 2024, that it has entered into a renovation agreement for an exclusive distribution contract with "Renovación", effective from July 1, 2024, to June 30, 2027. This agreement is a renewal of their prior exclusive distribution relationship.
Why It Matters
This renewal ensures continued exclusive distribution for Loma Negra's products, providing stability and predictability for its sales channels in Argentina.
Risk Assessment
Risk Level: low — The filing is a routine renewal of an existing distribution agreement, indicating no new or significant risks.
Key Players & Entities
- Loma Negra Compania Industrial Argentina Sociedad Anonima (company) — Registrant
- Renovación (company) — Distributor
- July 1, 2024 (date) — Agreement effective date
- June 30, 2027 (date) — Agreement expiration date
FAQ
What is the duration of the renewed exclusive distribution agreement?
The agreement is effective from July 1, 2024, to June 30, 2027.
Who is the distributor in the renewed agreement?
The distributor is "Renovación".
Is this a new distribution agreement or a renewal?
This is a renovation agreement, renewing a prior exclusive distribution contract.
What is the filing date of this report?
The filing date is July 24, 2024.
What is the primary business of the registrant?
The registrant, Loma Negra Compania Industrial Argentina Sociedad Anonima, is in the Cement, Hydraulic industry (SIC code 3241).
Filing Stats: 234 words · 1 min read · ~1 pages · Grade level 18 · Accepted 2024-07-24 07:55:45
Filing Documents
- a6k-renovacinacuerdoexclus.htm (6-K) — 14KB
- ln-hr07242024eng.htm (EX-1) — 2KB
- ln-hr07242024eng001.jpg (GRAPHIC) — 119KB
- 0001711375-24-000041.txt ( ) — 181KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Loma Negra Compaa Industrial Argentina Sociedad Annima Date July 24, 2024 By s Marcos I. Gradin Name Marcos I. Gradin Title Chief Financial Officer