GCC looking for additional US assets

Grupo Cementos de Chihuahua (GCC) is exploring options for mergers and acquisitions in different markets, particularly the USA, according to CE Noticias Financieras.

"In terms of growth in the US we are actively seeking expansions, mergers and acquisitions and that does not necessarily exclude completely that we could not expand through special capex," said GCC Director Enrique Escalante.

In June 2018 GCC acquired the 0.315Mta Trident cement plant in Three Forks, Montana, from CRH.