CEMEX
en
  • ES
About Us
  • Our History
    • ETHOS Line
  • Our COVID-19 Actions
  • Company Profile
  • Management Team
  • Ethics & Compliance
    • Ethics
    • Corporate Governance
    • Antitrust
    • Anti-Corruption
    • Information Retention
    • Insider Trading
    • Conflict Minerals
    • Anti-Money Laundering
    • Third Parties
  • Position Papers
CEMEX Go
  • Open CEMEX Go
  • Learning Hub
    • Preparing to Buy
    • User Management
    • Customer Information
    • Commercial Conditions
    • Order & Product Catalogue
    • Delivery Schedule
    • CEMEX Track
    • Invoices
    • Payments
  • Developer Center
  • Suggestions
  • FAQs
Investors
  • Reports
    • Reports
    • Reports Archive
    • SEC Filings
    • Financial Reports Excel
    • BMV Reports
    • Email Alerts
    • Investor Presentation
  • Financial Highlights
    • Faqs
    • Glossary
  • Stock Information
    • Stock Chart
    • Dividends
    • Capitalization Program
    • Direct Stock Purchase Plan
    • Equity Analysts
    • Corporate Action Announcement
  • Contact us
  • Debt Information
    • Corporate Structure
    • Maturity Profile
    • Credit Ratings
    • Debt Instruments
    • Subordinated Notes
    • Fixed Income Analysts
    • Sustainable Finance
  • Corporate Governance
    • Board of Directors
    • Management Team
    • Committees
    • Code of Ethics
    • By-laws
    • Sarbanes-Oxley Act
    • CEMEX and the NYSE
  • Events
    • All Events
    • Events 2022
    • Events 2023
Careers
Products & Services
  • Products
    • Cement
    • Aggregates
    • neogem
    • Ready-Mix Concrete
    • Related Products
  • Building Solutions
    • Buildings
    • Pavements
    • Green Building Services
  • Services
  • Trading
  • Urbanization Solutions
  • Global Contacts
  • Regenera
  • Vertua
    • Projects
Sustainability
  • Sustainability at CEMEX
    • Governance
    • Our Model
    • Net Value for Society
    • Stakeholder Engagement
    • Contribution to United Nations' SDGs
  • Social Impact
    • Social Impact Strategy
    • CEMEX UNITE Volunteering
    • People & Communities
    • Health & Safety
    • Practices & Stories
  • ESG Reporting Center
    • Material Priorities
    • Our 2030 Targets
    • Disclosure & Performance
    • Global Reports
    • Policies & Positions
  • Environmental Excellence
    • Air Quality
    • Water Optimization
    • Biodiversity Conservation
    • Circular Economy
  • Overview
  • Future in Action
    • Committed to Net-Zero CO2
    • Future in Action Targets
    • Future in Action Pillars
Suppliers
  • Sourcing Approach
    • Global Categories
    • Local Categories
    • Smart Innovation
    • Supplier of the Year
  • Responsible Suppliers
    • Code of Conduct when doing business with us
    • H&S Program for our contractors
    • Sustainability Program
    • Anti-Corruption
    • Anti-Money Laundering
    • Code of Ethics
    • Policies in other languages
  • Become a Supplier
    • Selection Process
  • Direct Line
    • Complaints
    • Contact Us
Media
  • Press Releases
    • Press Releases 2023
    • Press Releases 2022
    • Press Releases 2021
    • Press Releases 2020
    • Press Releases 2019
    • Press Releases 2018
    • Press Releases 2017
    • Press Releases 2016
  • Building Award
    • The Award
    • Winners
    • Jury
    • Book
    • "Lorenzo H. Zambrano" Prize
  • Social Media
  • Digital Innovation in Motion
About Us
  • Our History
  • Our COVID-19 Actions
  • Company Profile
  • Management Team
  • Ethics & Compliance
  • Position Papers
CEMEX Go
  • Open CEMEX Go
  • Learning Hub
  • Developer Center
  • Suggestions
  • FAQs
Investors
  • Reports
  • Financial Highlights
  • Stock Information
  • Contact us
  • Debt Information
  • Corporate Governance
  • Events
Careers
  • Overview
Products & Services
  • Products
  • Building Solutions
  • Services
  • Trading
  • Urbanization Solutions
  • Global Contacts
  • Regenera
  • Vertua
Sustainability
  • Sustainability at CEMEX
  • Social Impact
  • ESG Reporting Center
  • Environmental Excellence
  • Overview
  • Future in Action
Suppliers
  • Sourcing Approach
  • Responsible Suppliers
  • Become a Supplier
  • Direct Line
Media
  • Press Releases
  • Building Award
  • Social Media
  • Digital Innovation in Motion

About Us - Press Release – CEMEX announces divestment of its operations in Austria and Hungary

Press Releases

Press Releases 2015

Press Releases 2023
Press Releases 2022
Press Releases 2021
Press Releases 2020
Press Releases 2019
Press Releases 2018
Press Releases 2017
Press Releases 2016
Press Releases 2015
Press Releases 2014
Press Releases 2013
Press Releases 2012
Press Releases 2011
Press Releases 2010
Press Releases 2009
Press Releases 2008
Press Releases 2007
Press Releases 2006
Press Releases 2005
Press Releases 2004
Press Releases 2003
Press Releases 2002
Press Releases 2001
Press Releases 2000
Press Releases 1999
Press Releases 1998
Press Releases 1997
Press Releases 1996
Press Releases 2015
About Us - Press Release – CEMEX announces divestment of its operations in Austria and Hungary

publishDate1 Wed, 12 Aug 2015 05:30:00 +0000

publishDate2 Aug 12, 2015 5:30:00 AM

publishDate3 August 12, 2015

  • Media
  • Press Releases
  • Press Releases
CEMEX announces divestment of its operations in Austria and Hungary

August 12, 2015


CEMEX, S.A.B. de C.V. (“CEMEX”) (NYSE: CX) announced today that it has signed an agreement for the sale of its operations in Austria and Hungary to the Rohrdorfer Group for approximately €160.1 million.

The Austrian operations consist of 24 aggregate quarries (approximately 6.47 million metric tons of aggregates sold in 2014) and 34 ready-mix plants (approximately 1.60 million cubic meters of ready-mix sold in 2014). CEMEX’s operations in Austria had net sales of approximately U.S.$241 million in 2014.

The Hungarian operations being divested consist of 5 aggregate quarries (approximately 1.36 million metric tons of aggregates sold in 2014) and 34 ready-mix plants (approximately 0.46 million cubic meters of ready-mix sold in 2014). CEMEX’s operations in Hungary had net sales of approximately U.S.$47 million in 2014.

The proceeds obtained from this transaction will be used mainly for debt reduction and for general corporate purposes.

The closing of this transaction is subject to the satisfaction of standard conditions for this type of transactions, which includes authorization by regulators. We currently expect to finalize this transaction during the fourth quarter of 2015.

Bank of America Merrill Lynch, Citigroup, BNP Paribas and Morgan Stanley & Co. International plc acted as financial advisors to CEMEX in this transaction.

CEMEX is a global building materials company that provides high-quality products and reliable services to customers and communities in more than 50 countries. CEMEX has a rich history of improving the well-being of those it serves through innovative building solutions, efficiency advancements, and efforts to promote a sustainable future.

For more information on CEMEX, please visit: www.cemex.com.

For more information on the Rohrdorfer Group, please visit: www.rohrdorfer.eu.

 

###

This press release contains forward-looking statements and information that are necessarily subject to risks, uncertainties, and assumptions. Many factors could cause the actual results, performance, or achievements of CEMEX or the project herein described to be materially different from those expressed or implied in this release, including not satisfying all closing conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described herein. CEMEX assumes no obligation to update or correct the information contained in this press release. CEMEX is not responsible for the content of any third-party website or webpage referenced to or accessible through this press release.

CEMEX Contact Information

Media Relations
Jorge Pérez
+52 (81) 8888-4334
mr@cemex.com

Investor Relations
Eduardo Rendón
+52(81) 8888-4256
ir@cemex.com

Analyst Relations
Lucy Rodriguez
+1(212) 317-6007
ir@cemex.com

*
  • Twitter
  • Facebook
  • Google+
  • Legal
  • Site Map
  • Careers
  • Privacy
  • © 2023 CEMEX S.A.B. de C.V.
This website uses cookies to deliver you a better experience. Using this website means you are okay with this. Please check our Privacy Statement for additional details. I understand.