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Cemex to Divest a Part of Its Operations in Colombia
MONTERREY, Mexico--(BUSINESS WIRE)---- $cemex #building--Cemex announced today that it is in the process of divesting certain operations in Colombia. The divestment is expected to take place through several separate transactions with different parties, for a combined purchase price of approximately US$555 million, at an approximate 10x multiple of 2025 EBITDA. As a first step, Cemex entered into an agreement with the Holcim Group to sell a cement plant (Caracolito), a grinding mill (Santa Rosa), and a portfolio of.
