Sydney, NSW (PRWEB) August 26, 2009
CEMEX has recently announced that it has reached an agreement to sell its Australian operations to Holcim Group for approximately A$2.02 billion. The agreement is subject to fulfilment of various closing conditions, including confirmatory due diligence, regulatory approvals, and funds from buyer-financing being disbursed.
A worldwide building materials company, CEMEX provides consumers from over 50 countries with high-quality products and services. Founded in 1906, the company has grown from a small-town player in Cementos Hidalgo, Mexico, to one of the global leaders in the industry.
Within Australia, CEMEX supplies concrete from a network of over 200 concrete plants, 900 mixer trucks, and mobile and onsite facilities. With 88 hard-rock, sand and gravel quarries, the company provides quality products to a plethora of customers and applications. The CEMEX contracting business services major mining and infrastructure projects.
Originally serving the nation under the Readymix brand, CEMEX continues to supply the industry with products such as aggregate and sand, concrete, concrete pipe and premixed concrete. Quarry products available within Australia include rail ballast, aggregates, gravels, road pavement materials, and manufactured and natural sands - products essential to building and maintaining modern communities.
Following the takeover of Readymix, a fundamental organisational restructure occurred, segregating the transport and logistics functions. This section now stands alone as a separate entity within the company. "We pulled this sector aside from the quarry operations, which allowed the quarry managers to go and manage the quarries, as that was their core competence," says Mark Noble, National Transport and Logistics Manager for CEMEX. "I was then appointed to run the transport and logistics division, and in turn I set up people in all major capital cities and regional centres to look after all transport, distribution and logistics functions. This restructure has been fundamental to the overall success of CEMEX within Australia, and has been paramount to how much we have achieved over the last 12-15 months."
Read the full story here http://www.beanmedia.com.au/profiles/CEMEX.pdf