Business Wire·Mar 12, 2026, 1:30 AM ET

Cemex to Divest a Part of Its Operations in Colombia

Cemex announced a divestment of certain Colombian operations for a combined purchase price of approximately US$555 million.
The total valuation represents an approximate 10x multiple of 2025 EBITDA.
Cemex signed an agreement with Holcim Group to sell a cement plant (Caracolito), a grinding mill (Santa Rosa), & a portfolio of ready-mix concrete, aggregates, mortar, & admixture plants for US$485 million.
The Holcim transaction is expected to close at the end of the year, subject to regulatory approvals & customary closing conditions.
Cemex is negotiating with other third parties to sell remaining assets in the same geographic area, expecting to generate approximately US$70 million in additional proceeds.
Following these transactions, Cemex will retain two cement plants (Maceo & Cúcuta) with 1.6 million tons per year capacity, a grinding mill (Clemencia), ready-mix concrete plants, & aggregates quarries in Colombia.
CEO Jaime Muguiro stated the company is streamlining its portfolio to focus on investments in the U.S., Europe, & Mexico, noting most portfolio rebalancing goals set in 2018 are complete.