# CEMEX closes divestment of Kentucky cement plant to Eagle Materials for $665M

CEMEX's U.S. affiliate has closed the previously announced divestment of its Kentucky cement plant and related assets to Eagle Materials Inc. for approximately $665 million, with CEMEX receiving about $499 million.

- Type: Acquisition
- Announced: 2020-03-06
- Where: Kentucky, United States
- Value: $665.0M
- Status: completed
- Capacity: 1.7 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md)
- [Cemex](https://endata.com/companies/16140.md) (partner)
- [Cemex](https://endata.com/companies/16140.md) (target)
- [Eagle Materials](https://endata.com/companies/22162.md) (acquirer)
- [Buzzi Unicem](https://endata.com/companies/25033.md) (partner)
- [Buzzi Unicem](https://endata.com/companies/25033.md) (target)
- [Kosmos Cement Company](https://endata.com/companies/43537.md) (target)

## Sources

- [sec.gov](https://www.sec.gov/Archives/edgar/data/1076378/000119312520065220/d900180d6k.htm), 2020-03-06: "Its U.S. affiliate, has closed its previously announced divestment of its Kentucky cement plant and related assets to Eagle Materials Inc. for an aggregate amount of approximately U.S.$665 million."
- [cemnet.com](https://www.cemnet.com/News/story/168457/cemex-and-buzzi-unicem-complete-kosmos-cement-sale-to-eagle-materials-inc.html), 2020-03-09: "Cemex has divested its 75 per cent share in its partnership with Buzzi Unicem of Kosmos Cement in Louisville, Kentucky, USA, to Eagle Materials Inc."
- [globalcement.com](https://www.globalcement.com/news/11247-eagle-materials-finalises-kosmos-cement-acquisition), 2020-03-09: "Cemex says that it will receive US$499m in proceeds from the sale."

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