The investment made by the Swiss firm was a total of US$ 100 million by both companies.
Holcim, the largest global cement company, entered the Peruvian construction market with the acquisition of 100% of the shares and operations of the companies Comacsa (Compañía Minera Agregados Calcareos SA) and Mixercon; both successful Peruvian companies in the construction industry in the country.
Holcim invested US$100 million in the two companies. These acquisitions are aligned with the Group's global strategy and reaffirm Holcim's commitment to growth in Latin America, where in recent years it has strengthened its presence and operational capacity in the markets of Argentina, Colombia, Costa Rica, Ecuador, El Salvador, Mexico, Nicaragua and Guatemala.
Comacsa is the main producer of industrial minerals and white Portland cement in Peru, with more than 75 years of experience and a solid position in both national and international markets and a pillar company for the industrial development of the country since it serves other sectors such as paints, glass, construction, oil, agriculture, livestock, adhesives, among others.
Mixercon is a recognized leading company in the production, marketing and supply of cement and ready-mix concrete, founded in 2001, with a presence throughout the country.
“The incorporation of Comacsa and Mixercon will allow us to generate synergies and develop export markets, thus consolidating our position as a benchmark in the construction sector. Likewise, this operation allows us to commit to the economic and social development of Peru, creating more jobs and opportunities for local communities, and supporting projects that improve infrastructure and quality of life,” says Oliver Osswald, Region Head of Holcim Latin America.
The acquired companies will operate independently, maintaining their brands and reporting directly to Holcim Peru. The more than 650 employees of both companies will also be retained, investing in the existing talent in these organizations.
Holcim Peru will begin operations with its own structure under the leadership of Norberto Ledea, whose mission is to maintain the leadership of both companies, identify and develop growth opportunities and consolidate the operation.
“Peru is an attractive market for construction materials with long-term growth prospects, driven primarily by sustained economic growth and increasing demand for higher quality levels in housing, whether new or renovated, as well as in infrastructure, mining and industrialization,” says Norberto Ledea, CEO of Holcim Peru. This acquisition is aligned with the company’s “Strategy 2025 – Accelerate sustainable growth” as it represents the expansion of the business in Latin America through the development of value-added solutions and products.
Holcim is a global Swiss company with a presence in more than 60 countries and a diversified business portfolio in the segments of cement, ready-mix concrete, aggregates, and solutions and products with a balanced balance between mature and developing markets, including North America, Europe, Latin America, Asia, the Middle East and Africa. In 2023, they reported 27 billion Swiss francs in net sales.
Driven by the purpose of building progress for people and the planet, its more than 60,000 employees worldwide are on a mission to decarbonize construction, while improving the quality of life for all people.
