CEMEX to acquire a minority stake in COBOD.

CEMEX, a global construction materials company, agreed to acquire a minority stake in COBOD, a company in 3D construction printing solutions. Financial terms were not disclosed. “The investment in COBOD reflects our customer-centric mindset and relentless focus on continuous innovation and improvement. Working with COBOD, CEMEX developed a customer experience in 3D printing construction that is superior to anything that has been provided in the past. Our innovation efforts position us at the forefront of new technologies that contribute to building a better future,” Gonzalo Galindo, CEMEX Ventures Head.