GCC, S.A.B. de C.V. (BMV:GCC *) will look for acquisitions. Luis Carlos Arias Laso, Chief Financial Officer said, "Regarding inorganic growth, we continue to look for opportunities to acquire cement assets that can be plugged into our connected system or eventually begin the construction of a new system in the U.S. We remain strongly committed to improving returns and delivering strong stakeholder value. while investing in the future growth of our business".
GCC SAB de CV, formerly known as Grupo Cementos de Chihuahua SAB de CV, is a Mexico-based company primarily engaged in the construction materials sector. The Company foocuses on the production and marketing of cement and other related building materials. The Companyâs product portfolio includes Portland grey cements, ready-mixed concrete, gypsum, additives and limestone aggregates, as well as such prefabricated products as walls, architectural concrete blocks and paving stones, among others. The Company also offers technical support and assistance for the installation of its prefabricated structures. The Company operates in Mexico and the United States, through such subsidiaries as GCC Comercial SA de CV, GCC Concreto SA de CV, GCC Rio Grande Inc, GCC Dacotah Inc, GCC Alliance Concrete Inc, Mid Continent Concrete Inc and Consolidated Ready Mix Inc.