French Morillon Corvol Buys Ets Charroy

French Morillon Corvol Buys Ets Charroy
Published: 10 January 2006

French construction aggregates company Morillon Corvol, part of Mexican cement group Cemex, acquired on January 1, 2006 the company Ets Charroy which operates a calcareous aggregates quarry in Gudmont, northeastern France.  The move will enable Cemex to strengthen its positions in eastern France, boost sales and ensure regular deliveries to the Ile-de-France region. 
 
 The Gudmont query represents a source of 2.0Mta of aggregates with reserves of over 60Mt on the base of exploitation licence for a period of 30 years. The material is used for the production of ready-mix concrete, hard bitumen and limestone. The quarry is equipped with a rail line.