Skip to main content

Mexico's Elementia to buy 55 % of Giant Cement

Published by
World Cement,


Mexico's Elementia, a cement maker partly owned by billionaire Carlos Slim, has announced that it has signed a letter of intent to purchase 55% of Giant Cement Holdings Inc.

In a statement, Elementia announced that Giant has operations in the east coast of the United States, including three cement plants, three limestone quarries and six terminals.

"The Giant acquisition will grant Elementia access to the third biggest cement market in the world," the company said.

Read the article online at: https://www.worldcement.com/the-americas/18102016/mexicos-elementia-to-buy-55-of-giant-cement/

You might also like

thyssenkrupp

Heading from #grey2green – the path to a sustainable future in cement business

In this webinar we will present you our vision for a green polysius® cement plant, with which we are setting the industry on a path to a sustainable future. Register for free today »

 
 
 

Embed article link: (copy the HTML code below):


 

World Cement is not responsible for the content of external internet sites.