Cemex completes sale of Buñol cement plant to Çimsa Çimento

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Mexico: Cemex has closed the sale of its white cement business outside of Mexico and the US for US$155m to Turkey-based Çimsa Çimento. The assets sold include the company’s Buñol white cement plant in Valencia, Spain. The group said that the proceeds from the sale would be used to fund its bolt-on investment growth strategy in its core businesses and geographies, and contribute to debt reduction.

Last modified on 14 July 2021

URL: https://globalcement.com/news/item/12687-cemex-completes-sale-of-bunol-cement-plant-to-c-imsa-c-imento

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