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Cemex SAB de CV
325 Ricardo Margain Ave
Valle del Campestre
Phone: +52 8188884327p:+52 8188884327 SAN PEDRO GARZA GARCIA, 66265  Mexico Ticker: CEMEXCPOCEMEXCPO

Cemex announces acquisition of assets in France


Cement company Cemex reported on Monday that it acquired several assets in France from local company Eqiom Granulats, including two quarries and a railway platform.

With this operation, the Mexican firm seeks to strengthen its operations in the metropolitan area of Paris.

Cemex, with a presence in more than 50 countries, detailed in a statement that it hopes to complete in the second half of the year the transaction, without giving details on the amount of the purchase.

At the beginning of last February, the company reported agreements for the sale of 24 concrete plants and 1 aggregate quarry in southeastern France to the company LafargeHolcim.

On that occasion, Cemex assured that this disinversion procedure rhone Alpes region was part of its strategy to focus the development of its portfolio on high-growth markets.

In recent months, the cement company has paid attention to its overseas operations; for example, also in February he agreed to the acquisition of 3 concrete plants and a portable plant of Beck Readymix Concrete, a concrete business in San Antonio, Texas.

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Wednesday, April 24, 2024