Cemex has blazed a trail for Latin America. Lorenzo Zambrano, our CEO of the Year, wants to make it the most profitable integrated building materials firm in the world.
There may be more exciting corporates in the region these
days, but Cemex has worked doggedly to turn a provincial cement
business from Monterrey into the third largest integrated
building materials firm in the world. For pulling off the
biggest ever acquisition by a Mexican entity the Rinker
purchase and in recognition of many years of outstanding
service, Lorenzo Zambrano is the LatinFinance CEO of the
Zambrano, chairman and CEO of Cemex, paved the way for
multinationals like CVRD and Tenaris by proving that Latin
firms can excel on the world stage. A $15.3 billion hostile bid
for Australian building materials group Rinker is the most
ambitious of Cemex's 16 acquisitions. "Our achievements
demonstrate that a Mexican company can compete and win on a
global scale," Zambrano tells LatinFinance. "Equally important,
we have a solid financial foundation and are well positioned in
our markets to continue...
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