Two powerful families challenge the Mexican cement dominion
Two of Mexico’s major fortunes support Elementia, owners of Cementos Fortaleza. Carlos Slim and the Del Valle family joined forces in 2009.
Now there are 26 Fortaleza plants in nine countries, and sales of $253 million in the last quarter. Cemex, one of Mexico’s most powerful companies, now faces a challenge for its long-standing dominance of the nation’s cement market.
Full story in Spanish