On the Record · Cemex
Cemex acquisitions, on the record
The businesses Cemex bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
two ready-mix concrete plants from Kinneret and Beton-He’EmekWord for word“In January 2021, one of our subsidiaries in Israel acquired two ready-mix concrete plants from Kinneret and Beton-He’Emek for an amount in shekels equivalent to $6 million.” 20-F for 2023 | acquisition | January 2021 | $6 million |
ready-mix assets of Beck Readymix Concrete Co. LTD.Word for word“On February 16, 2021, we acquired the ready-mix assets of Beck Readymix Concrete Co. LTD., including three ready-mix concrete plants and one portable plant to service the San Antonio, Texas metropolitan area and surrounding areas.” 20-F for 2023 | acquisition | February 16, 2021 | — |
24 concrete plants and one aggregates quarry in FranceWord for word“On March 31, 2021, we sold 24 concrete plants and one aggregates quarry in France to the Holcim Group (“Holcim”) for an amount in Euros equivalent to $44 million.” 20-F for 2023 | divestiture | March 31, 2021 | $44 million |
two aggregates quarries and one rail-enabled platform in the North Paris Metropolitan area from Eqiom GranulatsWord for word“On April 12, 2021, we signed, and then successfully closed, an agreement to acquire from Eqiom Granulats two aggregates quarries and one rail-enabled platform in the North Paris Metropolitan area.” 20-F for 2023 | acquisition | April 12, 2021 | — |
white cement business, except for Mexico and the U.S.Word for word“On July 9, 2021, we concluded the sale agreed in March 2019 of our white cement business, except for Mexico and the U.S., to Çimsa Çimento Sanayi Ve Ticaret A.S. for a total consideration of $155 million.” 20-F for 2023 | divestiture | July 9, 2021 | $155 million |
a limestone quarry with a waste management operation near the Madrid metropolitan area and three concrete plants in the Balearic IslandsWord for word“On October 4, 2021, we signed, and then successfully closed, an agreement to acquire from HeidelbergCement AG (“Heidelberg”) a limestone quarry with a waste management operation near the Madrid metropolitan area and three concrete plants in the Balearic Islands.” 20-F for 2023 | acquisition | October 4, 2021 | — |
Broquers AmbientalWord for word“On December 10, 2021, through a subsidiary in Mexico, we acquired Broquers Ambiental, a sustainable waste management company, for a total consideration of $13 million.” 20-F for 2023 | acquisition | December 10, 2021 | $13 million |
ProStein GmbH & Co. KGWord for word“On July 11, 2022, through a subsidiary in Germany, we completed the acquisition of a 53% stake in the German aggregates company ProStein GmbH & Co. KG (“ProStein”) for a total consideration of $21 million.” 20-F for 2023 | acquisition | July 11, 2022 | $21 million |
operations in Costa Rica and El SalvadorWord for word“On August 31, 2022, we announced that we, through certain of our subsidiaries, successfully concluded the sale agreed in December 2021 of our operations in Costa Rica and El Salvador to affiliates of Cementos Progreso Holdings, S.L. (“Progreso”) for a total consideration of $325 million, related to our aggregate controlling interest.” 20-F for 2023 | divestiture | August 31, 2022 | $325 million |
65% stake in Neoris N.V.Word for word“As part of the partnership, we sold to Advent a 65% stake in Neoris N.V. (“Neoris”) for a total consideration of $119 million.” 20-F for 2023 | divestiture | — | $119 million |
CHP common shares via the CHP Tender OfferWord for word“In the CHP Tender Offer, CASEC paid 1.30 Philippine Pesos per share, an equivalent of 2,098.20 million Philippine Pesos ($37.88 million as of December 31, 2023, based on an exchange rate of 55.37 Philippine Pesos to $1.00) for all the acquired shares.” 20-F for 2023 | acquisition | — | 2,098.20 million Philippine Pesos |
23,232,946 ordinary shares of CLH (Delisting CLH Offer)Word for word“The total consideration that we paid as a result of the acquisition of the validly tendered shares amounted to 4,735 Colombian Pesos per share, totaling 110,007,999,310 Colombian Pesos ($28.78 million as of December 31, 2023, based on an exchange rate of 3,822.05 Colombian Pesos to $1.00).” 20-F for 2023 | acquisition | — | 110,007,999,310 Colombian Pesos |
51% stake in SHTANG Recycle LTDWord for word“On January 30, 2023, through a subsidiary, we acquired a 51% stake in SHTANG, a CDEW recycling company, for a price of $13 million.” 20-F for 2023 | acquisition | January 30, 2023 | $13 million |
assets of Atlantic Minerals LimitedWord for word“On May 11, 2023, through a subsidiary, we completed the purchase of the assets of Atlantic Minerals Limited in Newfoundland, Canada, consisting mainly of an aggregates quarry and maritime port operations for a price of $75 million.” 20-F for 2023 | acquisition | May 11, 2023 | $75 million |
Kiesel, a mortars and adhesives companyWord for word“On November 1, 2023, through a subsidiary in Germany, for a total consideration of $13 million we completed the acquisition of Kiesel, a mortars and adhesives company in the construction industry based in Germany that serves the German, French, Polish, and Czech markets, consisting of a production facility and five distribution locations.” 20-F for 2023 | acquisition | November 1, 2023 | $13 million |
a newly formed entity which specializes in aggregates production and marine distribution in the Mid-South region of the United StatesWord for word“On July 12, 2024, Cemex acquired a non-controlling interest in a newly formed entity which specializes in aggregates production and marine distribution in the Mid-South region of the United States and operates seven aggregate pits and four marine terminals.” 20-F for 2024 | agreed acquisition | On July 12, 2024 | — |
operations in the PhilippinesWord for word“In 2024 includes the reclassification to assets held for sale of the Dominican Republic operations for $115, as well as the divestiture of the operations in the Philippines and Guatemala for $542 and $36, respectively (note 4.2).” 20-F for 2024 | divestiture | In 2024 | $542 |
operations in GuatemalaWord for word“In 2024 includes the reclassification to assets held for sale of the Dominican Republic operations for $115, as well as the divestiture of the operations in the Philippines and Guatemala for $542 and $36, respectively (note 4.2).” 20-F for 2024 | divestiture | In 2024 | $36 |
Read from Cemex’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-24. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.