CEMEX will acquire certain assets of Eqiom Granulats, including two strategically located aggregate quarries and one rail-enabled platform that will improve customer service in Paris and surrounding areas.
"This acquisition will allow us to better serve our customers by integrating and complementing our portfolio to provide a comprehensive and sustainable offering, directly aimed at the rapidly growing needs of the North Paris Metropolitan area," said Sergio Menendez, President of CEMEX Europe, Middle East, Africa & Asia. "This is a clear example of the efforts that we are doing to foster EBITDA growth by investing in key high-growth urban centers worldwide."
Subject to customary closing conditions, CEMEX currently expects to finalise this transaction during the second quarter of 2021.
