Cemex to Divest Colombian Assets in US$555 Million Portfolio Rebalancing Move
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Cemex SAB ( (CX) ) has provided an update.
On March 12, 2026, Cemex announced it is divesting part of its Colombian operations for a combined purchase price of about US$555 million, valuing the assets at roughly 10 times 2025 EBITDA. As part of this strategy, the company aims to further streamline its portfolio while concentrating capital on priority markets in the U.S., Europe and Mexico.
The first step in the process is an agreement to sell the Caracolito cement plant, the Santa Rosa grinding mill and a network of ready-mix, aggregates, mortar and admixture facilities to Holcim Group for US$485 million, with closing targeted for year-end 2026 subject to regulatory approvals. Cemex is also negotiating additional asset sales in the same region for about US$70 million, while retaining two cement plants, a grinding mill and other assets in Colombia to maintain a solid local presence and support its long-term ability to serve the market.
Management framed the move as progress in the portfolio rebalancing program launched in 2018, indicating that most strategic objectives have now been met. For stakeholders, the transactions signal a continued shift of capital toward higher-priority geographies, while preserving a streamlined but meaningful Colombian footprint that could sustain Cemex’s competitive standing in that country’s construction sector.
The most recent analyst rating on (CX) stock is a Buy with a $14.50 price target. To see the full list of analyst forecasts on Cemex SAB stock, see the CX Stock Forecast page.
Spark’s Take on CX Stock
According to Spark, TipRanks’ AI Analyst, CX is a Neutral.
The score is driven primarily by solid underlying financial performance (recovery, improved leverage, positive cash generation) and very low valuation, partially offset by weak technical momentum (below key moving averages with negative MACD and low RSI/Stoch).
To see Spark’s full report on CX stock, click here.
More about Cemex SAB
Cemex, S.A.B. de C.V. is a global construction materials company that supplies cement, ready-mix concrete, aggregates and urbanization solutions in growing markets worldwide. The Mexico-based group emphasizes sustainable products, circular-economy practices and CO₂ reduction, leveraging innovation, R&D and digital technologies to enhance its competitive position and customer experience.
Average Trading Volume: 6,641,966
Technical Sentiment Signal: Buy
Current Market Cap: $16.01B
Learn more about CX stock on TipRanks’ Stock Analysis page.
