CEMEX's Acquisition Strategy - The Acquisition of Rinker Group
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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"The lessons CEMEX has learned in the crisis means it has a lighter, more flexible, and dynamic operating base that will allow its eventual recovery...multiplying its profitability not only in the United States but in the majority of its subsidiaries." 1
- Carlos Hermosillo, Analyst, Vector Brokerage, in January 2010.
"CEMEX is in a much stronger financial position to regain our financial flexibility and, eventually, our investment-grade capital structure."2
- Lorenzo Zambrano, Chief Executive Officer, CEMEX, in August 2009.
1] Gabriela Lopez, "CEMEX Juggles Debt But U.S.Still a Worry," ww.forexyard.com, January 19, 2010.
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