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
SAP Landscapes has secured investment from Renatus Capital Partners
SAP Landscapes Limited has secured new investment from Renatus Capital Partners. The investment from Renatus will accelerate SAP Landscapes’ continued expansion, including geographic growth and the broadening of its services, both organically and through potential acquisitions or partnerships.
Learn moreParcom has sold Krifon to Varro
Krifon AS, a leading Nordic B2B distributor specializing in home and garden products, has been acquired by Varro. The transaction marks a new chapter for the company as it continues to strengthen its position as a trusted category partner to leading DIY chains, garden centers and furniture retailers in Norway.
Learn moreDolmans Landscaping Group has welcomed Foreman Capital as a new shareholder to support further growth
Dolmans Landscaping Group, a leading full-service provider of landscaping services, has welcomed Foreman Capital as a new shareholder. By partnering with Foreman Capital, which has extensive experience in building stronger companies in the maintenance of public spaces, Dolmans can accelerate its growth trajectory across core verticals and further professionalize the business.
Learn more