Giant Cement deal brings sixth Latin America market player to U.S.
- Published: Monday, 31 October 2016 15:57
- Written by Concrete News
Sources: Elementia S.A.B. de C.V., Mexico City; CP staff
Elementia is set for an early-November closing on a 55 percent stake in Giant Cement Holding Inc. through a deal with Madrid-based Cementos Portland Valderrivas, S.A. Giant Cement spans namesake, Dragon Products Co. and Keystone brands, respectively, across South Carolina, Maine and Pennsylvania cement plants, totaling 2.8 million tons/year capacity; six terminals serving New England, New York, Virginia and the Carolinas; three limestone and two sand & gravel operations; and, four waste handling and processing sites.