Cemex has secured a deal to acquire all of Omega Products International’s assets, marking its expansion in the US market.
Cemex’s latest deal will expand its presence in the broader US mortars market, which it has said is a segment growing in the construction sector. Omega specialises in light construction materials, including stucco, across the commercial and residential sectors with production facilities in California, Nevada, and Colorado.
“This transaction aligns with our US growth strategy, enabling us to expand into the stucco market through a capital-efficient platform with strong strategic synergies that overlap significantly with our cement, aggregates and admixture facilities in the western US,” Cemex chief executive officer Jaime Muguiro said.
“Omega’s market leadership and specialised portfolio will accelerate value creation and strengthen relationships with key stakeholders in the construction ecosystem.”
The transaction is expected to be finalised in the first quarter of 2026.
“We are excited to enter a new phase of growth. Cemex will provide us with a broader customer base and access to extensive logistics and R&D capabilities, thereby accelerating our market expansion,” Omega chief executive officer Todd Martin said.
“We are immensely thankful to the Thompson Family. Under their leadership, Omega has grown into one of the most successful privately held stucco companies.”
