Vicat Group Enters Exclusive Talks to Acquire Cemex Assets in SE France

Key Facts

1Vicat Group announced it has entered into exclusive negotiations to acquire Cemex Group's ready-mix concrete and aggregates operations in South-Eastern France.

Vicat Group announced it has entered into exclusive negotiations to acquire Cemex Group's ready-mix concrete and aggregates operations in South-Eastern France. GlobalNewswire reported that the proposed transaction involves subsidiaries operating a network of 48 ready-mix concrete plants and 9 aggregates quarries, along with related services and specific interests in joint ventures.

The acquisition is a strategic move by Vicat to expand its operational capacity in the French construction materials market, specifically across the Rhône Valley and the Mediterranean corridor. Completion of the deal is expected before December 31, 2026, subject to regulatory approvals, as the group sets a new financial leverage target of 1.3x to 1.5x for the 2026-2027 period to support value-accretive growth.