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M&A Deal Summary

CEMEX Acquires Atlantic Minerals

On January 24, 2023, CEMEX acquired building materials company Atlantic Minerals

Acquisition Highlights
  • This is CEMEX’s 2nd transaction in the Building Materials sector.
  • This is CEMEX’s 1st transaction in Canada.
  • This is CEMEX’s 1st transaction in Newfoundland.

M&A Deal Summary
Date 2023-01-24
Target Atlantic Minerals
Sector Building Materials
Buyer(s) CEMEX
Deal Type Add-on Acquisition

Target

Atlantic Minerals

Corner Brook, Newfoundland, Canada
Atlantic Minerals is a producer of High Calcium Limestone, Dolomite and Construction Aggregates. Atlantic Minerals Limited’s high calcium limestone and dolomite meet varying customer specifications to satisfy a wide range of industrial, agricultural and construction uses. Atlantic Minerals is based in Corner Brook, Newfoundland.

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Buyer(S) 1

Buyer

CEMEX

Houston,, Texas, United States
Category Company
Founded 1930
Sector Building Materials
Employees4,100
DESCRIPTION

CEMEX, Inc. engages in the production,marketing and exporting of building materials.It has cement plants, distribution terminals, aggregate quarries, and ready-mix plants in the United States.

DEAL STATS #
Overall 2 of 2
Sector: Building Materials M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: Newfoundland M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-01 Readymix

Dublin, Ireland

Readymix plc manufacture and sale of ready-mixed mortar, polypropylene fiber concrete, steel fiber concrete, and various specialized concretes and screeds

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