Cemex Reaches Agreement to Acquire Omega Products
Cemex announced that it has reached an agreement to acquire all assets of Omega Products International, a manufacturer of stucco in the western United States. Omega generates approximately $23M in EBITDA per year. The transaction currently meets Cemex's return and free cash flow conversion criteria, with an expected post-synergy multiple below 7x. This transaction continues to reinforce Cemex's commitment to disciplined capital allocation and long-term shareholder value, while supporting its strategy to expand U.S. operations and diversify into high-growth performance materials. The transaction is expected to close during the first quarter of 2026.