Report: Cemex expands in Texas by acquisition
Cemex reportedly acquired Beck Readymix Concrete Co., which serves San Antonio and surrounding areas with ready-mixed concrete, landfill and dumpster rental services.
Reuters first reported the acquisition, noting that the deal includes ready-mixed concrete plants and one portable plant. No transaction value was shared, according to Reuters.
Last week, Cemex reported that its U.S. business generated $747 million in EBITDA (earnings before interest, tax, depreciation and amortization) – the highest reported annual amount at Cemex since 2007.
About the Author: Kevin Yanik
Kevin Yanik is editor-in-chief of Pit & Quarry. He can be reached at 216-706-3724 or kyanik@northcoastmedia.net.Subscribe to Pit & Quarry
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