# Cemex to acquire additional 12.25% stake in Lehigh White Cement for $34M

Cemex Inc has agreed to acquire an additional 12.25% stake in Lehigh White Cement Company from Lehigh Cement Company LLC for US$34m. The transaction is expected to close by the end of Q1 2018.

- Type: Acquisition
- Announced: 2018-02-19
- Where: United States
- Value: $34.0M
- Status: announced
- Products: white cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (acquirer)
- [Lehigh White Cement](https://endata.com/companies/30073.md) (target)
- [Lehigh Cement Company](https://endata.com/companies/30158.md) (partner)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/163480/cemex-to-increase-its-shareholding-in-lehigh-white-cement.html), 2018-02-19: "Cemex Inc has agreed to acquire an additional 12.25 per cent stake in Lehigh White Cement Company, a manufacturer of white cement, from Lehigh Cement Company LLC for US$34m."

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