FCC looks to acquire US companies for expansion

FCC looks to acquire US companies for expansion
Published: 04 October 2007

Fomento de Construcciones y Contratas SA is looking to acquire companies in
the US as part of an expansion plan for its core businesses in that country,
Expansion reported, citing comments from CEO Rafael Montes during a recent
visit to New York.

Regarding whether the US property crisis is hitting the Spanish builder’s
cement operations, the CEO said: "We sell all the cement we make" there. For
its Global Via concessions joint venture with Caja Madrid, Montes said he
sees opportunities in the concessions business in Texas.