GCC Announces Settlement and Payment in Connection With Favorable Arbitral Award
CHIHUAHUA, Mexico, Oct. 19, 2026 (GLOBE NEWSWIRE) -- GCC, S.A.B. de C.V. (BMV: GCC*; the “Company”), a leading
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CHIHUAHUA, Mexico, Oct. 19, 2026 (GLOBE NEWSWIRE) — GCC, S.A.B. de C.V. (BMV: GCC*; the “Company”), a leading producer of cement and concrete in the United States and Mexico, announced today that, following the favorable arbitral award obtained on November 5, 2025, the Company entered into a settlement agreement and received a gross payment of US$71.5 million. The arbitration proceeding arose in connection with GCC’s sale, in 2011, of its equity interest in SOBOCE, S.A. to Consorcio Cementero del Sur, S.A.
As a result of the execution of the settlement agreement and receipt of the payment, the dispute has been fully and finally resolved, with no further liability for GCC in connection therewith.
This material event is disclosed in accordance with Article 50 of the Circular Única de Emisoras.
About GCC
GCC is a leading supplier and producer of cement, concrete, aggregates, and construction‐related services in the United States, Mexico and Canada, with an annual cement production capacity of 6 million metric tons. Founded in 1941, the Company’s shares are listed on the Mexican Stock Exchange under the ticker symbol GCC*.
Forward-Looking Statements
This press release may contain forward-looking statements. All statements that are not clearly historical in nature are forward-looking, and the words “anticipate,” “believe,” “expect,” “estimate,” “intend,” “project” and similar expressions are generally intended to identify forward-looking statements. These statements are subject to risks and uncertainties including, among others, changes in macroeconomic, political, legal, public health crises, governmental or business conditions in the markets where GCC operates; changes in interest rates, inflation rates and currency exchange rates; performance of the construction industry; and pricing, business strategy and other factors. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may differ materially from the beliefs, projections, and estimates described herein. GCC assumes no obligation to update the information contained in this press release.
For further information, contact:
GCC Investor Relations
Sahory Ogushi
+52 (614) 442 3176
+ 1 (303) 739 5943
soguship@gcc.com
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