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Report: Cemex expands in Texas by acquisition

By |  February 16, 2021

Logo: Cemex

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.

Kevin Yanik

About the Author:

Kevin Yanik is the editor-in-chief of Pit & Quarry magazine. Yanik can be reached at 216-706-3724 or kyanik@northcoastmedia.net.

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