# Cemex sells Panama operations to Grupo Estrella for $200M

Cemex completed the sale of its operations in Panama to Grupo Estrella for an enterprise value of approximately US$200 million. The assets include a cement plant in Calzada Larga, Chilibre, with 1.2 million metric tons per year capacity.

- Type: Acquisition
- Announced: 2025-11-11
- Where: Calzada Larga, Chilibre, Panama
- Value: $200.0M
- Status: completed
- Capacity: 1.2 million metric tons per year
- Products: cement, ready-mix concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md)
- [Grupo Estrella](https://endata.com/companies/71047.md) (acquirer)

## Sources

- [modernconstructionnews.com](https://modernconstructionnews.com/news/cemex-divests-panama-operations-expands-u-s-aggregates-business/), 2025-11-11: "Cemex has completed the sale of its operations in Panama to Grupo Estrella for an enterprise value of approximately US$200 million"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.