Cemex announced on February 26, 2026 that it will acquire all assets of Omega Products International, a leading manufacturer of high‑performance stucco wall systems and mortars in the western United States. The deal will add four production facilities in California, Nevada and Colorado to Cemex’s U.S. portfolio, expanding its presence in the light‑construction materials market.
The transaction is valued at an estimated enterprise value of under $161 million, based on Omega’s annual EBITDA of $23 million and an expected post‑synergy multiple below seven times. The purchase price is not disclosed, but the estimate places the deal in the mid‑$100 million range, consistent with Cemex’s disciplined approach to bolt‑on acquisitions that meet its return and free‑cash‑flow criteria.
Omega’s four plants—located in Sacramento, Las Vegas and Denver—will allow Cemex to serve the growing demand for stucco and mortar products in the U.S. market, a key component of its Urbanization Solutions strategy. The acquisition complements Cemex’s existing product mix and supports its goal of making the U.S. contribution to EBITDA rise to 40% in the medium term.
Cemex’s recent financial performance provides context for the deal. In Q2 2025 the company reported a 38% increase in net income, and in Q4 2025 it posted a 20% like‑for‑like rise in EBITDA, even after a goodwill impairment. The company attributes much of this momentum to its “Project Cutting Edge” initiative, which delivered $90 million in EBITDA savings in Q3 2025. The Omega acquisition is expected to add further synergies and accelerate the growth of the Urbanization Solutions business, which is projected to double‑digit growth in the coming years.
Management highlighted the strategic fit of Omega’s product line with Cemex’s urbanization focus. CEO Jaime Muguiro said the purchase “aligns with our U.S. growth strategy” and will strengthen Cemex’s position in the high‑margin stucco and mortar segments. The acquisition is slated to close in the first quarter of 2026, subject to customary closing conditions, and is expected to enhance Cemex’s competitive advantage in the U.S. light‑construction market.
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