CEMEX in Exclusive Talks to Divest French Operations to Competitor Vicat

Building materials company CEMEX is negotiating the sale of its southeastern France operations to rival Vicat, a deal encompassing 48 production facilities and nine quarries in the ready-mix concrete and aggregates sectors. The transaction, if completed, aims to close before December 31, 2026, though it remains subject to employee consultation, final contract documentation, and regulatory antitrust approval. The announcement coincided with a 3.5 percent stock price increase and a separate disclosure that an executive sold nearly 928,000 shares at an average price of $9.5705 each.

CEMEX's proposed divestiture represents a significant restructuring of its European footprint, specifically targeting its ready-mix concrete and aggregates operations concentrated in southeastern France. The transaction scope is substantial, encompassing nearly five dozen production facilities alongside quarrying assets, demonstrating the scale of CEMEX's French presence in these sectors. The company has set an ambitious completion timeline, aiming to finalize the sale before year-end 2026, though multiple regulatory and procedural hurdles remain before execution.

The deal announcement coincided with notable insider activity, as a senior executive liquidated a substantial equity position at approximately $9.57 per share, reducing his direct holdings by over 60 percent. This transaction occurred independently of the divestiture discussions but underscores concurrent changes within CEMEX's corporate structure.