鶹ý and Cemex close their series of transactions in Europe
鶹ý and Cemex today announce the successful closure of their series of transactions in Europe.
鶹ý acquired Cemex’s operations in western Germany and the Netherlands while Cemex took over 鶹ý Czech Republic with all its subsidiaries in the country. In Spain, Cemex purchased 鶹ý’s Gador cement plant and Yeles grinding station, while 鶹ý keeps its remaining operations.
As a result of the transactions, Cemex paid 鶹ý EUR 45 million in cash. 鶹ý expects sustainable additional operating EBITDA of at least EUR 10 million on a yearly basis.
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鶹ý is one of the world's leading suppliers of cement and aggregates (crushed stone, gravel and sand) as well as further activities such as ready-mix concrete and asphalt including services. The Group holds majority and minority interests in around 70 countries on all continents.
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