Cemex to Acquire Omega Products International, a Leading Stucco Manufacturer in the Western U.S.
Cemex, S.A.B. de C.V. Sponsored ADR (CX)
US:NYSE Investor Relations:
cemex.com/investors/overview
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Source: Business Wire
Strategic acquisition strengthens Cemex’s position in high-growth light construction materials and expands its footprint in the U.S. broader mortars industry. MONTERREY, Mexico--(BUSINESS WIRE)--Cemex announced today that it has reached an agreement to acquire all assets of Omega Products International (“Omega”), a leading manufacturer of stucco in the western United States. Omega generates approximately US$23 million in EBITDA per year.With more than 50 years of experience, Omega offers one of the industry’s most comprehensive product portfolios, serving both residential and commercial sectors through four strategically located production facilities in California, Nevada, and Colorado, which offer significant synergies with Cemex’s U.S. business.This acquisition strengthens Cemex’s position in the U.S. broader mortars market, a segment growing faster than the general construction sector. Stucco contributes to construction efficiency, energy savings, and building longevity—key driv
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