Lafarge mulls acquiring large cement co in Spain

Lafarge mulls acquiring large cement co in Spain
Published: 12 July 2007

Lafarge is interested in buying a cement company in Spain, such as Cementos Molins or Tudela Veguin, according to local news reports citing comments from Lafarge managing director Jean Martin-Saint-Leon.  
 
The managing director said he sees ’more moderate rises’ in growth in the Spanish construction market, but noted that growth will continue to be underpinned by public works, the newspaper noted.  
 
Nevertheless, Spain has taken the back burner to Morocco as a priority for investments, he added.  
 
Source: Cinco Dias