Eagle Materials acquires Kosmos Cement for $665M

Eagle Materials received FTC approval to acquire the assets of Kosmos Cement, a joint venture between Cemex and Buzzi Unicem, for $665 million. The acquisition includes a 1.7Msta cement plant in Louisville, seven distribution terminals, and raw material reserves, boosting Eagle's cement capacity by about 25%.

“The Kosmos facilities are high-quality, low-cost assets that align with our long-term strategic growth plans and meet our criteria for new investment.”cemnet.com

• 1 source
• cemnet.comBuilding USA's largest domestic cement producerJan 17, 2020

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