Holcim Signs Agreement To Acquire Indirect Majority Stake In Cementos Pacasmayo; Financial Terms Undisclosed
Benzinga Newsdesk 7 months ago
News
Holcim Ltd. has finalized the indirect acquisition of a majority stake in Cementos Pacasmayo (NYSE: CPAC; BVL: CPACASC1), a leading Peruvian construction materials producer with reported net sales of $630 million in
Holcim Ltd. has finalized the indirect acquisition of a majority stake in Cementos Pacasmayo (NYSE: CPAC; BVL: CPACASC1), a leading Peruvian construction materials producer with reported net sales of $630 million in 2025. This synergistic acquisition expands Holcim's portfolio of construction materials and solutions in Peru and is expected to accelerate profitable growth in the Latin American region, in line with its NextGen Growth 2030 strategy.