After the significant announcement made to all CEMEX UK employees on Wednesday 8th January, we wanted to take the opportunity to follow up with you and reflect on the reactions we as a senior leadership team have received so far.

The strategic decision to divest some of our sites to Breedon is part of our ongoing strategy to focus and grow in the UK metropolitan markets whilst reducing our global debt. Other CEMEX European countries including France, Germany and Spain have also divested sites in the last two years.

However, we recognise that many people are feeling apprehensive about the news and may be concerned for themselves and their colleagues.

To those who will remain in the CEMEX team, please be assured that the future is exciting and will bring many opportunities. We are confident of financial growth, building on the positive results we achieved in the UK and Europe last year. CEMEX UK remains a large business, an important industry player and will continue to contribute to the success of CEMEX globally.  The sites being retained are those which will enable us to serve our target markets more effectively and enhance our customers’ experience. To further support our strategy significant capital investments are planned, expanding on those that were carried out last year.

For those who will be joining Breedon, this will bring you opportunities in a well-respected company which also has a positive future. Your experience, skills and commitment will be an asset to them.

We ask everyone to keep working with professionalism and focus and most importantly stay safe and healthy during the transition period.

We are committed to completing this divestment such that all employees are treated fairly and are kept well-informed; whether they stay with us and help us to build a stronger future; or move to be part of Breedon’s business. We will continue to communicate with you all throughout the process.

If anyone needs to talk further about this, please contact any of us directly, and thank you in advance for working together to manage this transition period. We have also created a dedicated Sharepoint site, which contains details about the divestments: https://cemex.sharepoint.com/sites/UKDivestments20202