
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

<p xmlns="http://www.w3.org/1999/xhtml">
Holcim Ltd. has finalized the indirect acquisition of a majority stake in Cementos Pacasmayo (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CPAC">CPAC</a>, 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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">"I warmly welcome the more than 2,000 employees of Cementos Pacasmayo to the Holcim family. Working together, we will build upon the exceptional legacy of Cementos Pacasmayo in Peru, driven by a deep commitment to people and customers. This synergistic acquisition provides us with a complementary and highly profitable portfolio of construction materials and solutions in Peru, and is fully aligned with our NextGen Growth 2030 strategy to accelerate our growth in Latin America,"</i> stated Miljan Gutovic, CEO of Holcim Group.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded 68 years ago, Cementos Pacasmayo operates three cement plants with a combined capacity of approximately 5 million tons per year, as well as a total of 28 ready-mix and precast concrete plants. The company distributes through more than 300 retail stores that will complement Disensa, Holcim's leading construction materials and solutions franchise network in Latin America. Additionally, the company has developed digital platforms to drive customer-centric services and administrative productivity.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">&#34;This milestone confirms the strength of a company that, for nearly seven decades, has grown with discipline, ethics, and a customer focus. Our essence and our commitment to the people and the development of the country remain intact. We also wish to express our deep gratitude to the Hochschild Group for the years of work, dedication, and trust that have been fundamental in building and consolidating our company. We carry forward the values we learned from them. This new stage allows us to project our capabilities on a larger scale, with the same long-term vision that has guided our history: we will always put people above all else,&#34; </i>noted Humberto Nadal, CEO of Cementos Pacasmayo, who will continue in his role as CEO and will assume the position of Chairman of the Board of Cementos Pacasmayo.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additionally, Cementos Pacasmayo will adopt the Holcim Group Code of Ethics. Holcim Ltd intends to initiate a mandatory tender offer process to acquire additional shares in Cementos Pacasmayo, in accordance with Peruvian law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260330971298r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260330971298/en/" rel="nofollow">https://www.businesswire.com/news/home/20260330971298/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Cementos Pacasmayo S.A.A.
<br xmlns="http://www.w3.org/1999/xhtml"></br>In Lima, Peru:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ely Hayashi, CFO
<br xmlns="http://www.w3.org/1999/xhtml"></br>Claudia Bustamante
<br xmlns="http://www.w3.org/1999/xhtml"></br>Sustainability and IR Managing Director
<br xmlns="http://www.w3.org/1999/xhtml"></br>+51-958699760
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:cbustamante@cpsaa.com.pe" shape="rect">cbustamante@cpsaa.com.pe</a>

</p>

CPAC

Holcim Successfully Completes the Indirect Acquisition of Majority Stake in Cementos Pacasmayo S.A.A.

Holcim's Acquisition of Cementos Pacasmayo Strengthens Peruvian Market Presence

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>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</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Holcim has completed the acquisition of Cementos Pacasmayo, enhancing its portfolio in Peru. This strategic move is aimed at driving growth in the Latin American construction materials market and may bolster CPAC&#039;s sales and operational scale.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Holcim acquires majority stake in Cementos Pacasmayo.</li><li>Cementos Pacasmayo has net sales projected at $630 million in 2025.</li><li>This acquisition aligns with Holcim&#039;s NextGen Growth 2030 strategy.</li><li>Cementos Pacasmayo operates three plants with 5 million tons capacity.</li><li>Holcim will launch a tender offer for additional CPAC shares.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Holcim Ltd. (HOLN)</strong>: The acquisition enhances Holcim&#039;s market position in Latin America.</li><li><strong>Cementos Pacasmayo (CPAC)</strong>: Acquisition expected to accelerate growth and profitability.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This acquisition fits within &#039;Corporate Developments&#039; as it impacts market positioning and competitive landscape in the construction materials sector in Peru. Holcim&#039;s strategy aims to strengthen its presence, signaling potential growth for CPAC.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Acquisition might increase CPAC&#039;s market valuation due to strategic synergies.</li><li>Holcim&#039;s expertise could drive higher operational efficiencies at CPAC.</li><li>Increased investment in CPAC&#039;s operations may enhance profitability projections.</li><li>Launch of tender offer could lead to share price volatility.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Cementos Pacasmayo&#039;s net sales expected at $630 million in 2025.</li><li>Cementos Pacasmayo operates three cement plants with 5 million tons capacity.</li><li>Acquisition finalization announced by Holcim Ltd.</li><li>Holcim intends to launch a mandatory tender offer for additional shares.</li><li>Cementos Pacasmayo has over 300 retail distribution outlets.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Buy CPAC for long-term growth potential due to Holcim&#039;s acquisition and market expansion plans.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Holcim Ltd. has finalized the indirect acquisition of a majority stake in Cementos Pacasmayo (NYSE:<a class="ticker" href="https://www.benzinga.com/quote/CPAC">CPAC</a>, 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.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">"I warmly welcome the more than 2,000 employees of Cementos Pacasmayo to the Holcim family. Working together, we will build upon the exceptional legacy of Cementos Pacasmayo in Peru, driven by a deep commitment to people and customers. This synergistic acquisition provides us with a complementary and highly profitable portfolio of construction materials and solutions in Peru, and is fully aligned with our NextGen Growth 2030 strategy to accelerate our growth in Latin America,"</i> stated Miljan Gutovic, CEO of Holcim Group.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Founded 68 years ago, Cementos Pacasmayo operates three cement plants with a combined capacity of approximately 5 million tons per year, as well as a total of 28 ready-mix and precast concrete plants. The company distributes through more than 300 retail stores that will complement Disensa, Holcim's leading construction materials and solutions franchise network in Latin America. Additionally, the company has developed digital platforms to drive customer-centric services and administrative productivity.

</p><p xmlns="http://www.w3.org/1999/xhtml">
<i xmlns="http://www.w3.org/1999/xhtml">&#34;This milestone confirms the strength of a company that, for nearly seven decades, has grown with discipline, ethics, and a customer focus. Our essence and our commitment to the people and the development of the country remain intact. We also wish to express our deep gratitude to the Hochschild Group for the years of work, dedication, and trust that have been fundamental in building and consolidating our company. We carry forward the values we learned from them. This new stage allows us to project our capabilities on a larger scale, with the same long-term vision that has guided our history: we will always put people above all else,&#34; </i>noted Humberto Nadal, CEO of Cementos Pacasmayo, who will continue in his role as CEO and will assume the position of Chairman of the Board of Cementos Pacasmayo.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Additionally, Cementos Pacasmayo will adopt the Holcim Group Code of Ethics. Holcim Ltd intends to initiate a mandatory tender offer process to acquire additional shares in Cementos Pacasmayo, in accordance with Peruvian law.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260330971298r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260330971298/en/" rel="nofollow">https://www.businesswire.com/news/home/20260330971298/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Cementos Pacasmayo S.A.A.
<br xmlns="http://www.w3.org/1999/xhtml"></br>In Lima, Peru:
<br xmlns="http://www.w3.org/1999/xhtml"></br>Ely Hayashi, CFO
<br xmlns="http://www.w3.org/1999/xhtml"></br>Claudia Bustamante
<br xmlns="http://www.w3.org/1999/xhtml"></br>Sustainability and IR Managing Director
<br xmlns="http://www.w3.org/1999/xhtml"></br>+51-958699760
<br xmlns="http://www.w3.org/1999/xhtml"></br><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:cbustamante@cpsaa.com.pe" shape="rect">cbustamante@cpsaa.com.pe</a>

</p>

Holcim has completed the acquisition of Cementos Pacasmayo, enhancing its portfolio in Peru. This strategic move is aimed at driving growth in the Latin American construction materials market and may bolster CPAC's sales and operational scale.

Holcim Successfully Completes the Indirect Acquisition of Majority Stake in Cementos Pacasmayo S.A.A.

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News