Since its founding as a Spanish trading firm by Mauricio Hatchwell Toledano in 1971, Excem Grupo has successfully grown into a diversified international group whose areas of activity include cement, telecommunications and consultancy services for large groups. The value we create is based not only on our expertise in international business, but both on our ability to adapt to an ever-changing environment and to forge solid alliances in local markets. Our early commitment to large emerging markets such as China has positioned us to reap the benefits of the steady growth from these regions. Our diversification towards value added services in telecommunications and HLS constitutes yet another pillar of our current business activities. Our Group strives to seize opportunities and to exploit our managerial know-how as well as our resources to deliver tangible results.