# Cementos Progreso acquires Cemex operations in Dominican Republic

Cementos Progreso Holdings acquired Cemex's operations in the Dominican Republic, including export business to Haiti, expanding its presence to eight countries in Latin America and the Caribbean.

- Type: Acquisition
- Announced: 2025-01-30
- Where: Dominican Republic, Dominican Republic
- Value: $950.0M
- Jobs: 500
- Status: completed
- Products: cement, concrete, aggregates
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Cemex](https://endata.com/companies/16140.md) (target)
- [Cementos Progreso](https://endata.com/companies/37918.md) (acquirer)

## Sources

- [negociosymercados.com.do](https://negociosymercados.com.do/empresas/cementos-progreso-holdings-s-l-inicia-operaciones-en-republica-dominicana/), 2025-01-30: "Llegar a República Dominicana es un hito importante en nuestra historia."
- [diariolibre.com](https://www.diariolibre.com/economia/negocios/2025/01/30/cementos-progreso-inicia-operaciones-en-rd-tras-adquirir-cemex/2984423), 2025-01-30: "Nuestra llegada a República Dominicana es una celebración de nuestro propósito trascendente de construir juntos el país donde todos queremos vivir."
- [cemnet.com](https://www.cemnet.com/News/story/178578/cementos-progreso-holdings-takes-over-cemex-s-dominican-republic-and-haiti-operations.html), 2025-01-31: "As of today, the consortium led by Cementos Progreso Holdings takes control of Cemex's operations in the Dominican Republic and its client portfolio in Haiti."
- [ox-wolf.com](https://ox-wolf.com/ox-wolf-advised-cementos-progreso-holdings-s-l-on-the-completion-of-the-usd-950-million-acquisition-of-the-operations-of-cemex-in-the-dominican-republic-and-haiti/), 2025-02-07: "OX & WOLF advised Cementos Progreso Holdings, S.L. on the completion of the USD 950 million acquisition of the operations of Cemex in the Dominican Republic and Haïti."

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