AcquisitionOct 22, 2026Pending
🇵🇪 Peru
CPCementos Pacasmayo S.A.A.HHolcim Ltd
Materials & Chemicals › Construction Materials
Deal valueUndisclosed
AnnouncedOct 22, 2026
ConsiderationCash
StructureTender offer
RegionLatin America & Caribbean
Cross-borderYes
Contingent paymentNo
Overview
Inversiones ASPI S.A., a majority-owned subsidiary of Holcim Ltd, launched a tender offer to acquire all outstanding common shares of Cementos Pacasmayo S.A.A. not already owned by Holcim and its affiliates, at S/ 8.93 per common share and S/ 44.65 per American Depositary Share, payable in cash, through concurrent offers in Peru and the United States.
Deal rationale
The offers are intended to satisfy Holcim's obligation under Peruvian law and the share purchase agreement to launch and complete a mandatory tender offer for at least an additional 24.99% of the Common Shares following its indirect acquisition of 50.01% of the Company.
AI-generated from the SEC filingPendingMaterials & Chemicals › Construction MaterialsPeruLatin America & Caribbean
Timeline
Valuation and terms
| Equity value | Undisclosed | |
|---|---|---|
| Enterprise value | Undisclosed | |
| Consideration | Cash |
Advisors
Buy-side
DBDeutsche Bank
Sell-side
None listed
Parties
Target
CPCementos Pacasmayo S.A.A.
- Headquarters
- Peru
- Ticker
- —
Acquirer
HHolcim Ltd
- Headquarters
- Switzerland
- Ticker
- —