Holcim completes acquisition of Cementos Pacasmayo in Peru

According to the announcement, Cementos Pacasmayo recorded net sales of USD 630 million in 2025, with an adjusted EBITDA margin of 28%, providing Holcim with a highly profitable and complementary portfolio of construction materials and solutions.

This strategic move is fully aligned with Holcim’s NextGen Growth 2030 investment plan, aimed at accelerating profitable growth in the region.

Miljan Gutovic, CEO of Holcim, stated: “We warmly welcome the more than 2,000 employees of Cementos Pacasmayo to the Holcim family. Together, we will leverage the company’s strong legacy and well-recognized brand in Peru, with a focus on our commitment to our people and customers.”

With a 68-year history, Cementos Pacasmayo operates three cement plants with a total production capacity of approximately 5 million tons per year, as well as 28 ready-mix concrete plants. The company also distributes its products through more than 300 retail outlets, strengthening Holcim’s Disensa network, the leading construction materials and solutions franchise in Latin America.

Significant emphasis is also placed on digital innovation, as Cementos Pacasmayo leverages artificial intelligence tools to optimize operations and enhance the customer experience. The transaction is valued at a 2025 EBITDA multiple of 7.1x, reflecting expected synergies of approximately USD 40 million per year by the third year.

The acquisition is expected to have a positive impact on earnings per share (EPS) and free cash flow from the first year, while return on invested capital (ROIC) is anticipated to improve by the third year. Holcim also announced its intention to propose the acquisition of additional shares of Cementos Pacasmayo, further increasing its stake in the Peruvian company.