Holcim Completes Acquisition of Cementos Pacasmayo
Holcim (HCMLY) has finalized the indirect acquisition of a majority stake in Cementos Pacasmayo (CPAC), a Peruvian construction materials producer with reported net sales of $630M 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. "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," stated Miljan Gutovic, CEO of Holcim Group. Founded 68 years ago, Cementos Pacasmayo operates three cement plants with a combined capacity of approximately 5M 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. Humberto Nadal, CEO of Cementos Pacasmayo, will continue in his role as CEO and will assume the position of Chairman of the Board of Cementos Pacasmayo. 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.
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Cementos Pacasmayo Shareholders Approve Key Resolutions
- Board Election: At the Annual Shareholders' Meeting on March 24, 2026, Cementos Pacasmayo elected seven directors with a majority vote of 92.09%, ensuring stability and continuity in the company's governance structure for the 2026-2028 term.
- Financial Report Approval: The shareholders approved the audited financial statements as of December 31, 2025, with a 69.62% majority, reflecting enhanced financial transparency that is likely to boost investor confidence.
- Dividend Distribution Confirmation: The Annual Shareholders' Meeting confirmed a total dividend distribution of S/ 190,300,410.65 for the fiscal year 2025 with an 85.78% majority, indicating robust performance in profitability and cash flow management.
- ESG Report Approval: The shareholders approved the Environmental, Social, and Corporate Governance (ESG) report with an 83.84% majority, underscoring the company's commitment to sustainability and climate risk management, thereby enhancing its corporate social responsibility image.
Cementos Pacasmayo S.A.A. Reports Q4 Earnings Results
- Revenue Growth: Cementos Pacasmayo S.A.A. reported a 6.2% increase in Q4 revenues, aligning with the rise in sales volume, indicating a positive response to recovering market demand despite ongoing economic challenges.
- EBITDA Performance: Consolidated EBITDA, excluding transaction-related expenses, reached S/158.7 million, reflecting an 11.4% year-over-year increase, showcasing improved operational efficiency and effective cost control, which strengthens the foundation for future profitability.
- Net Income Fluctuation: Net income, excluding transaction-related expenses, was S/59.8 million, a 19.6% increase; however, including these expenses, the company reported a net loss of S/17.8 million, highlighting short-term financial pressures during the merger integration process.
- Market Diversification: The M&A deal between Holcim and Cementos Pacasmayo enhances market diversification, and while financial performance may fluctuate in the short term, it is expected to bolster competitive positioning and business stability in the long run.
Cementos Pacasmayo Releases 2025 Financial Results
- Financial Overview: Cementos Pacasmayo announced its financial results for the year ended December 31, 2025, maintaining its leadership in the Peruvian construction industry, although specific figures were not disclosed, indicating resilience in a rapidly growing market.
- Operational History: With nearly 70 years of operation, the company focuses on the production and sale of cement and related materials, demonstrating strong market adaptability in the fast-growing construction sector of the Peruvian economy.
- Product Diversity: In addition to cement, Cementos Pacasmayo produces and sells quicklime for mining operations, further diversifying its product line and enhancing its competitive edge across multiple industries.
- Future Outlook: The company plans to host a conference call on February 13, 2026, to discuss its 2025 financial results, reflecting its commitment to transparency and investor communication aimed at boosting market confidence.
Cementos Pacasmayo Reports 2025 Financial Highlights
- Sales Volume Growth: In 2025, sales volume of cement, concrete, and precast increased by 8.2% year-over-year, primarily driven by higher sales of bagged cement and infrastructure-related projects, thereby enhancing the company's competitive edge in the rapidly growing construction market.
- Revenue Increase: The company's revenue for 2025 rose by 6.2% compared to the previous year, aligning with the increase in sales volume, which indicates sustained strong market demand and further solidifies its market position in the Peruvian construction industry.
- EBITDA Performance: Excluding transaction-related expenses, the consolidated EBITDA for 2025 reached S/158.7 million, an 11.4% increase, reflecting improved operational efficiency, although including these expenses, EBITDA decreased to S/81.1 million.
- Net Income Changes: The net income for 2025, excluding transaction-related expenses, was S/59.8 million, a 19.6% increase, but including these expenses resulted in a net loss of S/17.8 million, highlighting the significant impact of the transaction on financial performance.
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- Financial Health Check: The integration of the Piotroski F-Score allows investors to distinguish between low-valued stocks that are improving in fundamentals, thus reducing bankruptcy risks and enhancing investment safety.
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Cementos Pacasmayo Shares Surge Following Holcim's Action
Ownership Change Announcement: Cementos Pacasmayo S.A.A. stock surged after Holcim Ltd. agreed to acquire its controlling shareholder, Inversiones Aspi S.A., for an enterprise valuation of approximately 5.1 billion Peruvian soles (~$1.4 billion).
Market Reaction: Following the announcement, Cementos Pacasmayo shares rose by nearly 49%, reaching a new 52-week high, as investors anticipated the benefits of the acquisition and the backing of a major global cement company.
Future Growth Potential: Company executives highlighted that the deal rewards long-term shareholders and positions Cementos Pacasmayo for accelerated growth, creating new opportunities for employees and expanding its international presence.
Regulatory Approval Process: The acquisition is subject to regulatory approvals, with expectations for the process to conclude in the first half of 2026, assuming customary reviews proceed smoothly.
Cementos Pacasmayo Shareholders Approve Key Resolutions
- Board Election: At the Annual Shareholders' Meeting on March 24, 2026, Cementos Pacasmayo elected seven directors with a majority vote of 92.09%, ensuring stability and continuity in the company's governance structure for the 2026-2028 term.
- Financial Report Approval: The shareholders approved the audited financial statements as of December 31, 2025, with a 69.62% majority, reflecting enhanced financial transparency that is likely to boost investor confidence.
- Dividend Distribution Confirmation: The Annual Shareholders' Meeting confirmed a total dividend distribution of S/ 190,300,410.65 for the fiscal year 2025 with an 85.78% majority, indicating robust performance in profitability and cash flow management.
- ESG Report Approval: The shareholders approved the Environmental, Social, and Corporate Governance (ESG) report with an 83.84% majority, underscoring the company's commitment to sustainability and climate risk management, thereby enhancing its corporate social responsibility image.
Cementos Pacasmayo S.A.A. Reports Q4 Earnings Results
- Revenue Growth: Cementos Pacasmayo S.A.A. reported a 6.2% increase in Q4 revenues, aligning with the rise in sales volume, indicating a positive response to recovering market demand despite ongoing economic challenges.
- EBITDA Performance: Consolidated EBITDA, excluding transaction-related expenses, reached S/158.7 million, reflecting an 11.4% year-over-year increase, showcasing improved operational efficiency and effective cost control, which strengthens the foundation for future profitability.
- Net Income Fluctuation: Net income, excluding transaction-related expenses, was S/59.8 million, a 19.6% increase; however, including these expenses, the company reported a net loss of S/17.8 million, highlighting short-term financial pressures during the merger integration process.
- Market Diversification: The M&A deal between Holcim and Cementos Pacasmayo enhances market diversification, and while financial performance may fluctuate in the short term, it is expected to bolster competitive positioning and business stability in the long run.
Cementos Pacasmayo Releases 2025 Financial Results
- Financial Overview: Cementos Pacasmayo announced its financial results for the year ended December 31, 2025, maintaining its leadership in the Peruvian construction industry, although specific figures were not disclosed, indicating resilience in a rapidly growing market.
- Operational History: With nearly 70 years of operation, the company focuses on the production and sale of cement and related materials, demonstrating strong market adaptability in the fast-growing construction sector of the Peruvian economy.
- Product Diversity: In addition to cement, Cementos Pacasmayo produces and sells quicklime for mining operations, further diversifying its product line and enhancing its competitive edge across multiple industries.
- Future Outlook: The company plans to host a conference call on February 13, 2026, to discuss its 2025 financial results, reflecting its commitment to transparency and investor communication aimed at boosting market confidence.
Cementos Pacasmayo Reports 2025 Financial Highlights
- Sales Volume Growth: In 2025, sales volume of cement, concrete, and precast increased by 8.2% year-over-year, primarily driven by higher sales of bagged cement and infrastructure-related projects, thereby enhancing the company's competitive edge in the rapidly growing construction market.
- Revenue Increase: The company's revenue for 2025 rose by 6.2% compared to the previous year, aligning with the increase in sales volume, which indicates sustained strong market demand and further solidifies its market position in the Peruvian construction industry.
- EBITDA Performance: Excluding transaction-related expenses, the consolidated EBITDA for 2025 reached S/158.7 million, an 11.4% increase, reflecting improved operational efficiency, although including these expenses, EBITDA decreased to S/81.1 million.
- Net Income Changes: The net income for 2025, excluding transaction-related expenses, was S/59.8 million, a 19.6% increase, but including these expenses resulted in a net loss of S/17.8 million, highlighting the significant impact of the transaction on financial performance.
New Global Stock Investment Strategy: Safe and Cheap Options
- Screening Strategy: By utilizing Benzinga's ranking system, investors can quickly identify stocks with reasonable valuations, thereby avoiding the risks associated with overvalued stocks and increasing the likelihood of investment success.
- Financial Health Check: The integration of the Piotroski F-Score allows investors to distinguish between low-valued stocks that are improving in fundamentals, thus reducing bankruptcy risks and enhancing investment safety.
- Global Market Opportunities: In the global market, investors should be aware of country risks and market structures, seeking out companies that are undervalued yet financially sound to achieve higher investment returns.
- Systematic Investment Process: Using the Benzinga Pro tool, investors can efficiently filter non-U.S. companies, combining value rankings with financial health indicators to create a systematic investment strategy that enhances the scientific basis of investment decisions.
Cementos Pacasmayo Shares Surge Following Holcim's Action
Ownership Change Announcement: Cementos Pacasmayo S.A.A. stock surged after Holcim Ltd. agreed to acquire its controlling shareholder, Inversiones Aspi S.A., for an enterprise valuation of approximately 5.1 billion Peruvian soles (~$1.4 billion).
Market Reaction: Following the announcement, Cementos Pacasmayo shares rose by nearly 49%, reaching a new 52-week high, as investors anticipated the benefits of the acquisition and the backing of a major global cement company.
Future Growth Potential: Company executives highlighted that the deal rewards long-term shareholders and positions Cementos Pacasmayo for accelerated growth, creating new opportunities for employees and expanding its international presence.
Regulatory Approval Process: The acquisition is subject to regulatory approvals, with expectations for the process to conclude in the first half of 2026, assuming customary reviews proceed smoothly.
