RMC makes Spanish acquisition

RMC makes Spanish acquisition
Published: 20 July 2004

RMC Group, the world’s biggest ready-mixed concrete maker, announced on Monday the acquisition of Spanish rival Hormigones Ciudad Real S.A. (Horcisa) for Euro39m.  RMC said in a statement that it would buy Horcisa’s share capital for Euro32m, and also assume Euro7m of debt.