Cemex expects to accelerate growth in the US, lead profitable decarbonization in Europe, leverage leading position in Mexico, and scale its fast-growing Urbanization Solutions business. Strong free cash flow, consistent results, and Investment Grade rating should enable increased flexibility in capital allocation. New target to further improve leverage ratio1 by half a turn. Cemex intends...
Cemex agrees to acquire Kiesel, a mortars and adhesives technological leader with more than 60 years of experience in the construction materials industry. Cemex has agreed to acquire Kiesel, a mortars andadhesives technological leader in the construction industry based in Germany, as part of its ongoing strategy to strengthen Cemex’s Urbanization Solution business through bolt-on...