French Morillon Corvol Buys Ets Charroy

French Morillon Corvol Buys Ets Charroy
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. Published under Cement News