Elementia acquires 55% stake in Giant Cement Holding for US$220M

Elementia, SAB de CV acquired a 55% controlling stake in Giant Cement Holding Inc., USA, from Cementos Portland Valderrivas SA for US$220 million, adding three plants with 2.8Mta capacity, three limestone quarries, two aggregates quarries, and six cement terminals.

“Elementia, SAB de CV has announced that its Board of Directors has given its final approval for the completion of the acquisition of a 55 per cent stake and full control of Giant Cement Holding Inc, USA.”cemnet.com

• 2 sources
• cemnet.comUSA: Elementia acquires 55% stake in Giant Cement | CemNetDec 2, 2016
• concreteproducts.comacquisition – Page 19 – Concrete ProductsConcrete NewsJan 3, 2017

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