Pacasmayo Cement (CPAC) Surged 52.22% on Acquisition Agreement with Holcim

Pacasmayo Cement (CPAC) surged 52.2175% in pre-market trading on December 17, 2025, following the announcement that Holcim agreed to acquire a controlling stake in the Peruvian cement producer. The deal involves Holcim acquiring 50.01% of Pacasmayo Cement through its ownership of Inversiones Aspi S.A., marking a strategic expansion into Latin America.

The $5.1 billion transaction values Pacasmayo Cement at nine times its trailing twelve-month EBITDA, a premium exceeding its current market capitalization.

Regulatory approvals are pending, with the transaction expected to close by mid-2026. Analysts view the deal as a validation of Pacasmayo Cement’s position as one of Latin America’s most profitable cement producers, driven by its operational efficiency and strong market presence in Peru’s growing construction sector.

Industry observers highlight potential synergies from the acquisition, including enhanced access to capital and integration into Holcim’s global operations. The move aligns with Holcim’s broader strategy to consolidate its footprint in emerging markets, leveraging Pacasmayo Cement’s advanced production capabilities and distribution networks to strengthen its regional market share.

With the stock trading at a 52-week high, investors are positioning for long-term growth amid expectations of regulatory clearance by early 2026. The surge underscores confidence in the company’s ability to sustain profitability and expand its influence in Latin America’s cement industry.