Content about Lorenzo H. Zambrano

September 3, 2013

Cemex has reached an agreement to acquire some of Holcim's assets for 70 million euros, a move aimed at strengthening the building materials company's footprint in Europe.

“When finalized, this will be an important strategic step that should allow Cemex to improve its footprint in Europe, and it will consolidate our portfolio in the continent,” said Lorenzo H. Zambrano, Chairman and CEO of Cemex.

Specifically, Cemex is set to acquire all of Holcim's assets in the Czech Republic, including a cement plant, four aggregates quarries and 17 ready-mix plants.