US EditionCemex Leaves Panama, Bets Bigger on U.S. Aggregates
10 Articles
10 Articles
Cemex announced today that it has successfully closed the sale of its operations in Panama to Grupo Estrella for a total amount of $200 million. In a statement, the regional cement company said that the amount of the transaction represents a multiple of approximately 12 times the adjusted EBITDA of the 12 months ended August 31, 2025. The company also announced that it has increased its shareholding in Couch Aggregates, an important company in t…
Mexican firm will increase its investments in the mineral aggregates business in the United States
Cemex Leaves Panama, Bets Bigger on U.S. Aggregates
In a single set of moves, Mexican cement maker Cemex sold its Panama operations to Dominican-owned Grupo Estrella for about $200 million and raised its stake to a majority in Couch Aggregates, a supplier of sand, gravel, and crushed stone in the U.S. Southeast. The Panama package includes the Bayano cement plant in Calzada Larga, […]
Cemex closed the sale of its operations in Panama to Grupo ESTRELLA for a total amount of $200 million (mdd) and also increased its shareholding in Couch Aggregates, an important company in the aggregates industry in the southeast of the United States.He explained that the sale in the Central American country was made to a multiple of approximately 12 times the adjusted Ebitda of the 12 months ended August 31, 2025.As regards the operation in th…
The Mexican giant Cemex announced this Monday that it closed the sale of its operation in Panama for $200 million to the Dominican Estrella Group, as part of a strategy to optimize its portfolio and invest in priority markets. (Continue reading...) The Cemex ticket sells its operations in Panama to Grupo Estrella was first published in Remolacha - News Dominican Republic.
The Cemex company announced that it closed the sale of its operations in Panama to Grupo Estrella for an amount of 200 million dollars. Through a statement, the cement company of Nuevo León detailed that the number of the transaction is equivalent to a multiple of approximately 12 times the adjusted EBITDA of the 12 months concluded on August 31, 2025.
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