Pacasmayo Cement Surges 52.22% Pre-Market as Holcim Announces Controlling Stake Acquisition

Pacasmayo Cement surged 52.2175% in pre-market trading on December 17, 2025, after Swiss cement giant Holcim announced a deal to acquire a controlling stake in the Peruvian company. The transaction involves Holcim purchasing Inversiones Aspi S.A., which holds 50.01% of Pacasmayo Cement, for approximately S/5.1 billion, valuing the firm at nine times its trailing EBITDA. The acquisition, pending regulatory approval, is slated to close by mid-2026.

The move underscores Holcim’s strategic push to strengthen its Latin American footprint, leveraging Pacasmayo’s established profitability and advanced production capabilities. Analysts note the deal validates Pacasmayo’s position as a leading cement producer in the region, with potential synergies expected to enhance operational efficiency and global integration. Holcim’s focus on emerging markets aligns with Peru’s growing construction sector, driven by urbanization and infrastructure demand.

Pacasmayo expressed confidence in its team’s ability to drive long-term value under Holcim’s ownership, citing the transaction as a milestone for regional and international growth. The acquisition also highlights Holcim’s broader ambition to expand market share through enhanced capital access and distribution networks, positioning the combined entity to capitalize on Latin America’s cement industry dynamics.

Industry experts suggest that this transaction could reshape the competitive landscape in the cement sector, potentially prompting other players to reassess their market strategies in response to Holcim’s growing dominance. With a projected 4.8% annual growth in cement demand in Latin America through 2030, the strategic move is expected to yield significant long-term returns for both firms.

As the deal moves toward finalization, stakeholders remain optimistic about the integration process and the anticipated benefits for the global cement market. Investors, meanwhile, continue to monitor regulatory developments and the impact of this landmark acquisition on Holcim’s financial performance and stock valuation.