GCC acquires US cement assets from Cemex for $306 million

Grupo Cementos de Chihuahua (GCC) completed the acquisition of certain US assets from Cemex for $306 million, including a cement plant in Odessa, Texas, two distribution terminals, and concrete, aggregates, asphalt and building materials businesses in Texas and New Mexico.

“GCC announces today that it has completed the acquisition of certain assets located in the United States owned by CEMEX for an amount of US$306 million.”bnamericas.com

• 2 sources
• bnamericas.comGCC acquires US cement assets from Cemex - BNamericasNov 21, 2016
• concreteproducts.comacquisition – Page 19 – Concrete ProductsConcrete NewsJan 3, 2017

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