Holcim Makes Biggest Latin American Acquisition with Deal for Peru's Cementos Pacasmayo

Valora Analitik

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Hochschild. Image: Spatial dimensionHolcim confirmed on Tuesday an agreement with the Hochschild Group to buy the Aspi company, which will leave control of Pacasmayo Cement once the transaction takes place. Humberto Nadal, CEO of Aspi Investments and Cementos Pacasmayo, expressed his satisfaction with the transaction and stressed that they will continue to contribute to the creation of value, not only in Peru, but globally. “We are proud of Holc…

diarioestrategia.cl

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The Swiss cement company Holcim has announced the acquisition of a 50.01% majority stake in the Peruvian company Cementos Pacasmayo for about 550 million dollars (468 million euros), in which it represents the largest acquisition in Latin America of the Swiss multinational, which expects to close the purchase in the first half of 2026.

pme.ch

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Construction materials giant Holcim wants to take a majority stake in its Peruvian counterpart Cementos Pacasmayo, in a deal valued at $1.5 billion (1.2 billion Swiss francs).

Globo

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The acquisition continues Holcim's expansion in Latin America and comes a year after its entry into Peru.