logo

Cement giant Cemex acquires 2 quarries and rail platform in France

PUBLISHED: Mon, 12 Apr 2021 12:13:09 GMT

Share

MONTERREY, Mexico, April 12 (Reuters) – Mexican cement giant Cemex said on Monday that it has acquired certain assets from French building material supplier Eqiom Granulats, including two quarries and a rail-enabled platform in France.

Sergio Menéndez, head of Cemex’s Europe, Middle East, Africa and Asia region, said the acquisition was “directly aimed at the rapidly growing needs of the North Paris Metropolitan area.” (Reporting by Raul Cortes, writing by Laura Gottesdiener; editing by Jason Neely)

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.