Inmocemento, S.A. was established in 2024 following the spin-off of the cement and real estate assets of Spanish infrastructure group Fomento de Construcciones y Contratas (FCC). The company operates through two primary business segments: Cement and Real Estate. The cement division, which generates the majority of the company's revenue, is driven by its controlling stake in Cementos Portland Valderrivas, manufacturing cement, mortar, concrete, and aggregates. The real estate division focuses on the leasing and management of office buildings, shopping centers, and commercial premises, alongside residential property development and land management through stakes in entities like Realia and Metrovacesa. While its operations are heavily concentrated in Spain, Inmocemento also holds assets in international markets such as the United Kingdom, Romania, and Croatia.