April 29, 2004
Monterrey-based Cemex became a multinational cement company by launching a relentless series of mergers and acquisitions over the last 15 years. During that time, the company developed a highly methodical approach to M&A as it swept across the Americas, Europe and Asia.
Cemex's Philippe Gastone
leads an in-house investment
Today, Cemex has a six-member M&A team in Monterrey, responsible for the Americas, Europe and the Middle East. A second six-member team, based in Singapore, focuses on Asia. Philippe Gastone, senior vice president of corporate business development at Cemex, says that
Some of Latin America's biggest and best companies have built outstanding in-house M&A teams. So why do they still hire investment bankers?