Holcim has completed its largest-ever acquisition in Latin America with a landmark deal to acquire Peru-based Cementos Pacasmayo, significantly strengthening its presence in the region’s fast-growing construction materials market. The acquisition marks a major strategic move as Holcim accelerates expansion across high-potential emerging economies.
Cementos Pacasmayo is a leading cement and building materials producer in northern Peru, with a strong market position, established brands, and an extensive distribution network. By bringing Pacasmayo into its portfolio, Holcim gains immediate scale, regional leadership, and deeper access to Peru’s infrastructure and housing growth story.
Holcim officials said the acquisition aligns with the company’s strategy to focus on markets with long-term demand fundamentals driven by urbanisation, infrastructure development, and sustainable construction needs. The deal also enhances Holcim’s ability to roll out low-carbon products, innovative building solutions, and circular construction practices across Peru.
Industry analysts note that Latin America remains a key growth region for global building materials companies, supported by rising public infrastructure investment and residential demand. With this acquisition, Holcim is well-positioned to capture future growth while reinforcing its leadership in sustainable and high-performance construction materials.
The Pacasmayo deal underscores Holcim’s ambition to scale selectively while strengthening its global footprint through strategic, value-accretive acquisitions.
