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Cemex has reached an agreement to acquire all assets of Omega Products International, Corona, Ca., a leading manufacturer of stucco in the western United States. Omega generates approximately $23 million in EBITDA per year.
The transaction is currently expected to close in the first quarter of 2026.
With more than 50 years of experience, Omega is the leading manufacturer of high-performance stucco wall systems and mortars in the western United States. Omega offers one of the industry’s most comprehensive product portfolios serving both residential and commercial sectors through four strategically located production facilities in Bakersfield and Sacramento, Ca.; Las Vegas, Nv.; and Denver, Co.
Omega products include acrylic and cementitious finishes, coatings, primers, veneer mortars and grout, stucco vase coats, adhesives, meshes and fabrics, air- and water-resistive barriers, admixtures, bonders, cleaners and sealers.
Systems include AkroFlex EIFS, Diamond Wall One Coat, Three Coat Stucco, Crack Isolation, AkroGuard Air & Water-Resistive Barrier, AkroGold DEFS, and MAVS.
“We are excited to enter a new phase of growth," said Todd Martin, CEO of Omega. "Becoming part of Cemex will provide us with long-term capital, strategic guidance, and resources, thereby accelerating our market expansion while maintaining the legacy and culture we have built. We are immensely thankful to the late Kenneth R. Thompson and his wonderful family, under their leadership, Omega has grown into one of the most successful privately held construction products manufacturing companies.
The acquisition strengthens Cemex’s position in the U.S. broader mortars market, a segment growing faster than the general construction sector. Stucco contributes to construction efficiency, energy savings, and building longevity—key drivers of urbanization and renovation.
“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.,” said 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.”
Based in Monterrey, Mexico, Cemex is a global construction materials company that is building a better future through sustainable products and solutions. Cemex is committed to achieving carbon neutrality through relentless innovation and industry-leading research and development. Cemex is at the forefront of the circular economy in the construction value chain and is pioneering ways to increase the use of waste and residues as alternative raw materials and fuels in its operations with the help of new technologies. Cemex offers cement, ready-mix concrete, aggregates, and urbanization solutions in growing markets around the world, powered by a multinational workforce focused on providing a superior customer experience enabled by digital technologies.
The JIAN Group acted as the sole financial advisor to Omega. Founded in 1992, The JIAN Group is the most active leader of mergers and acquisitions in the building products industry. The JIAN Group represents a comprehensive range of businesses including manufacturers, distributors, and specialized services including building products and construction materials. Our deep industry expertise and operational insight drive value throughout every stage of the transaction process.
