Cemex Acquires Majority Stake In RC-Baustoffe Berlin GmbH & Co. KG; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Cemex has acquired a majority stake in RC-Baustoffe Berlin GmbH & Co. KG, a company specializing in processing construction, demolition, and excavation materials. This acquisition will enhance Cemex's Regenera business by integrating recycling capabilities and CO₂ storage technology.
September 03, 2024 | 10:02 pm
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Cemex's acquisition of RC-Baustoffe Berlin enhances its Regenera business, focusing on recycling and CO₂ storage, potentially boosting its sustainability profile and market position.
The acquisition aligns with Cemex's sustainability goals and enhances its Regenera business by integrating advanced recycling and CO₂ storage technologies. This strategic move is likely to improve Cemex's market position and appeal to environmentally conscious investors.
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