Skip to main content

Cemex announces divestment

Published by
World Cement,


Cemex has announced that one of its subsidiaries in the US has signed a definitive agreement to divest its US Reinforced Concrete Pipe Manufacturing Business to Quikrete Holding Inc.

This will be for approximately US$500 million plus an additional US$40 million purchase price contingent on future performance.

The closing of this transaction is subject to the satisfaction of certain conditions, including approval from regulators. The sale is expected to be finalised during 1Q17.

Read the article online at: https://www.worldcement.com/the-americas/29112016/cemex-announces-divestment/

You might also like

 

 WCT2021

WCT2021

At WCT2021 you will hear from a range of industry leaders and technical experts as they discuss the key challenges facing the cement industry and the latest solutions on offer. Register for free today »

 

Cementos Pacasmayo announces consolidated results for Q3

Cementos Pacasmayo S.A.A. and subsidiaries, a cement company serving the Peruvian construction industry, has announced its consolidated results for the third quarter and the nine months ended 30 September 2021.

 
 

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