Holcim Expands Latin American Operations with Agreement to Acquire Cemex Building Materials Business in Colombia

Holcim Expands Latin American Operations with Agreement to Acquire Cemex Building Materials Business in Colombia

(IN BRIEF) Holcim has agreed to acquire Cemex’s building materials and solutions operations in Colombia in a transaction valued at USD 485 million. The acquisition includes more than 20 production sites such as the Caracolito cement plant and the Santa Rosa grinding station, alongside ready-mix concrete, aggregates and mortars facilities. The assets are projected to generate around USD 360 million in net sales in 2026 and will significantly expand Holcim’s footprint in the Colombian construction materials market. The company expects to achieve around USD 30 million in EBITDA synergies within three years, with the deal becoming earnings per share accretive in its first year. The acquisition supports Holcim’s NextGen Growth 2030 strategy and reflects the company’s focus on expanding in attractive markets across Latin America.

(PRESS RELEASE) ZUG, 13-Mar-2026 — /EuropaWire/ — Holcim has signed an agreement to acquire building materials and solutions operations in Colombia from Cemex, strengthening its presence in Latin America and supporting the company’s NextGen Growth 2030 strategy. The assets involved in the transaction are expected to generate approximately USD 360 million in net sales in 2026.

Through the acquisition, Holcim will significantly expand its production network in Colombia by adding more than 20 sites, including the Caracolito cement plant, the Santa Rosa grinding station, and a wide range of facilities producing ready-mix concrete, aggregates, mortars and admixtures.

These assets will complement Holcim’s current operations in the country, which include a cement plant in Nobsa, eight ready-mix concrete plants, one aggregates plant, one admixtures facility, and a distribution network of more than 150 Disensa retail stores.

Holcim CEO Miljan Gutovic said the transaction strengthens the company’s position in Colombia while supporting expansion across the wider Latin American region. He noted that the newly acquired assets are highly complementary to Holcim’s existing portfolio and will help accelerate growth in a market with strong long-term demand for infrastructure and construction materials.

The acquisition has a transaction value of USD 485 million. Based on projected performance for 2026, the deal represents an estimated EBITDA multiple of around 5x after taking into account expected synergies. Holcim anticipates run-rate EBITDA synergies of approximately USD 30 million by the third year following completion.

The company expects the transaction to deliver earnings per share accretion in the first year and become accretive to return on invested capital by the third year.

The investment reflects Holcim’s ongoing commitment to disciplined capital allocation and targeted expansion in high-growth regions. Completion of the transaction remains subject to customary conditions and regulatory approvals, with closing anticipated towards the end of the year.

About Holcim

Holcim (SIX: HOLN) is the leading partner for sustainable construction with net sales of CHF 15.7 billion in 2025, creating value across the built environment from infrastructure and industry to buildings. Headquartered in Zug, Switzerland, Holcim has more than 45 000 employees in 43 attractive markets – across Europe, Latin America and Asia, Middle East & Africa – and has been recognized as a Global Top Employer by the Top Employers Institute. Holcim offers high-value end-to-end Building Materials and Building Solutions, from foundations and flooring to walling and roofing – powered by premium brands including ECOPact, ECOPlanet and ECOCycle.

Learn more about Holcim on www.holcim.com, and by following us on LinkedIn.

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Important disclaimer – forward-looking statements:

This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim’s annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements

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SOURCE: HOLCIM