Cementos Pacasmayo faces Peru regulator scrutiny over Holcim-triggered mandatory tender offer disclosures
CPAC•Holcim provided transaction valuation details
Holcim’s transaction value implied an enterprise value of about PEN 5.1 billion, based on about 9x LTM EBITDA, per its explanation.
Holcim set a PEN 1.85 billion equity value for the 50.01% stake, then paid sellers PEN 1.64 billion after closing adjustments.
Holcim said legal due diligence ran from Sept. 10 to Dec. 15, 2025, then declined to provide internal due diligence summaries requested by SMV.
SMV seeks more detail on Holcim-related transaction
Peru’s SMV required Cementos Pacasmayo to disclose detailed information tied to Holcim’s change-of-control deal and mandatory tender offer process.
Holcim’s acquisition of 99.99% of holding company Aspi closed on March 30, 2026, giving it indirect control of 50.01%.
