# CEMEX acquires 51% stake in Shtang Recycle Ltd

CEMEX, through its Regenera subsidiary, acquired a 51% stake in Israel-based waste-recycling company Shtang Recycle Ltd.

- Type: Acquisition
- Announced: 2023-01-31
- Where: Israel
- Status: announced
- Products: waste recycling, aggregate production
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (acquirer)
- [Shtang Recycle](https://endata.com/companies/68226.md) (target)

## Sources

- [agg-net.com](https://www.agg-net.com/news/cemex-create-dedicated-waste-management-subsidiary), 2023-01-31: "The company recently acquired a 51% stake in Israel-based waste-recycling company Shtang Recycle Ltd."

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