Go to deals
Construction & Engineering Services

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.

Parties

Talk to the deal team

 Sebastián  Cereceda

Sebastián Cereceda

Partner
Santiago, Chile
Oaklins LarrainVial

Related deals

Sibelco has received strategic advisory related to the exit of a minority shareholder
Construction & Engineering Services | Other Industries

Sibelco has received strategic advisory related to the exit of a minority shareholder

SCR Sibelco has received strategic advisory related to the exit of a minority shareholder. Different options were considered. On 8 December 2023, Sibelco announced its intention to launch a share buyback program, via a tender offer, to acquire up to 18.94% of outstanding shares for a price of €6,850 per share and a total deal consideration of €609 million. The program offered liquidity optionality to the exiting shareholder, as well as other minority shareholders looking forward to crystallizing some value. Sibelco is delighted to pursue with its ambitious mid-term growth plan thanks to a refocused shareholder register and the support of the founding families. Further information on the transaction can be found in the prospectus of the tender offer.

Learn more
Arbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood
Construction & Engineering Services

Arbo Windows becomes the leading wooden windows producer in the Baltics by acquiring Arlanga Wood

Arbo Windows, a leading Latvian producer of wooden windows and doors, has acquired Arlanga Wood, a leading Lithuanian producer of wooden windows and doors, creating the largest wooden windows producer in the Baltic states. The combined group has over 200 employees and generates over US$20 million of annual revenues.

Learn more
Gateway Dealer Network has been acquired by Tuckahoe Holdings
Private Equity | Construction & Engineering Services

Gateway Dealer Network has been acquired by Tuckahoe Holdings

Brightstar Capital Partners has sold Gateway Dealer Network (GDN) to Tuckahoe Holdings.

Learn more