Cemex reached an agreement to acquire all assets of Omega Products International, a stucco manufacturer in the Western U.S.
The acquisition strengthens Cemex’s position in the broader U.S. mortars market, a segment the company describes as “growing faster” than general construction.
With more than 50 years of experience, Omega serves both the residential and commercial sectors through four production facilities in California, Nevada and Colorado. Omega generates about $23 million in EBITDA per year, according to Cemex.
“This transaction aligns with our U.S. 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 U.S.,” says Jaime Muguiro, CEO of Cemex. “Omega’s market leadership and specialized portfolio will accelerate value creation and strengthen relationships with key stakeholders in the construction ecosystem.”
The deal is expected to close during the first quarter of 2026.
“We are excited to enter a new phase of growth,” says Todd Martin, CEO of Omega. “Cemex will provide us with a broader customer base and access to extensive logistics and R&D capabilities, thereby accelerating our market expansion.”
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