GCC, S.A.B. de C.V. (BMV:GCC *) is looking for acquisitions. Maik Strecker, CFO said, "A key driver of our strategy is identifying new sources of growth, both organically, and through acquisitions. Therefore, we maintain in discussions, and are looking into attractive opportunities, not only within the cement sector, but also within aggregates.
We reiterate our commitment to creating long-term shareholder value, ensuring high levels of operational performance, while keeping you informed of any new developments on this front".
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.