GAMMA Cementos S.A. has acquired a 57.1% stake in Cementos Polpaico S.A.
GAMMA Cementos S.A. has acquired a 57.1% stake in Cementos Polpaico S.A. from LafargeHolcim for US$125 million.
GAMMA Cementos, is owned by the Hurtado Vicuña Group who also owns Cementos BSA, another important player in the cement industry in Chile.
Founded in 1944, Cementos Polpaico produces and commercializes cement. The company has its own raw material deposit, the main one being a limestone deposit in Cerro Blanco, Chile.
LafargeHolcim is the leading global building materials and solutions company serving masons, builders, architects and engineers all over the world. The company produces cement, aggregates and ready-mix concrete which are used in building projects ranging from affordable housing and small, local projects to the biggest, most technically and architecturally challenging infrastructure projects.
Oaklins' team in Chile advised the buyer in this transaction and structured a Public Tender Offer for Cementos Polpaico's shares.
Talk to the deal team
Related deals
Tri Fire Limited has been acquired by Phenna Group
The shareholders of fire protection safety consultancy Tri Fire Limited have sold the company to testing, inspection, certification and compliance firm Phenna Group.
Learn moreMuehlhan Wind Service has acquired a controlling interest in Endiprev
Muehlhan Wind Service has acquired a controlling interest in Endiprev, merging two wind industry leaders to create a global frontrunner in installation and maintenance services.
Learn moreAmbiflora has raised funds from Crest Agro I to support its expansion plan
The private shareholders of Ambiflora have raised funds from Crest Agro I, an agribusiness fund managed by Crest Capital Partners, to support its business expansion plan.
Learn more