MONTERREY, Mexico--(BUSINESS WIRE)--CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) celebrates the 25th anniversary of the start of its globalization strategy by commemorating the company’s entry into the Spanish market in 1992.
CEMEX began its international diversification strategy by acquiring Spanish companies Valenciana de Cementos Portland and Auxiliar de la Construcción—at that time the two largest cement makers in Spain.
Initiated in 1992, its global diversification strategy enabled CEMEX to consolidate its position as one of the most important competitors in the building materials industry in the world, with a presence in Mexico; the United States; South, Central America, and the Caribbean; Europe; and Asia, the Middle East, and Africa.
“Our company has enjoyed tremendous development over the past 25 years. We are very proud of our history and our company’s many achievements over this period, made by all of those who formed and are currently part of CEMEX,” said Fernando A. Gonzalez, CEO of CEMEX. “We have evolved from a local cement producer to a global company, integrating the best practices and talent into our worldwide operations.”
CEMEX is committed to fostering its global leadership in the building materials industry through a clear customer focus with digital processes and solutions and an innovative offering of products and services, while integrating sustainability into all aspects of its business, leveraging its resources efficiently, and serving as a key partner in the development of the communities it serves.
CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future. For more information, please visit: www.cemex.com
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This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. CEMEX assumes no obligation to update or correct the information contained in this press release.