Spain’s Portland mulls Texas Industries buy

Spain’s Portland mulls Texas Industries buy
15 June 2007


Spanish cement maker Cementos Portland Valderrivas, controlled by building group FCC, is looking at buying US counterpart  Texas Industries (TXI), ’Expansion’ newspaper reported on Friday, citing sources.  
 
The paper said Portland had for some time been studying the acquisition of TXI, market leader in Texas and with a presence in California, after buying two Spanish producers last year.  
 
Expansion said Portland declined to comment on the report.  
Published under Cement News