Skip to main content

Cemex finalises sale to Quikcrete

Published by , Assistant Editor
World Cement,

Cemex has announced that one of its subsidiaries in the US has closed the divestment of its US Reinforced Concrete Pipe Manufacturing Business to Quikcrete Holdings, for about US$500 million.

Included in the transaction is the potential addition of US$40 million to the purchase price, contingent on future performance.

The proceeds from the transaction will be put towards debt reduction and used for general corporate purposes.


Read the article online at:

You might also like


Ready to revolutionise the cement industry?

Join World Cement in Lisbon, 10 – 13 March 2024, for our first in-person conference and exhibition: EnviroTech.

This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.

Get your advance tickets NOW »


A sustainable step forward

Lafarge Canada and CarbiCrete partner to scale deployment of carbon-negative concrete technology.


Embed article link: (copy the HTML code below):


This article has been tagged under the following:

Cemex news