Cement News tagged under: concrete pipe

RSS feed

Cemex sells concrete pipe business

01 February 2017, Published under Cement News

Cemex has completed the sale of its reinforced concrete pipe business to Quikcrete Holdings. The transaction was carried out for around US$500m, including a potential additional US$40m depending on future results. Cemex will use the funds to reduce its debts as well as for general corporate purposes.