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Holcim to Acquire Majority Stake in Cementos Pacasmayo for $550M

12/16/2025

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Summary

Story summary

Holcim has agreed to acquire a 50.01% stake in Cementos Pacasmayo for $550 million, valuing the company at $1.5 billion.
The deal is Holcim's largest Latin American acquisition, aiming to expand its regional presence.
The acquisition aligns with Holcim's NextGen Growth 2030 strategy and assumes 3.6% annual regional construction growth.
Regulatory approval is required, and closing is anticipated in the first half of 2026.

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Story summary

Holcim has agreed to acquire a 50.01% stake in Cementos Pacasmayo for $550 million, valuing the company at $1.5 billion.
The deal is Holcim's largest Latin American acquisition, aiming to expand its regional presence.
The acquisition aligns with Holcim's NextGen Growth 2030 strategy and assumes 3.6% annual regional construction growth.
Regulatory approval is required, and closing is anticipated in the first half of 2026.