Tag Latin America

Holcim bought majority stake in Peru’s Pacasmayo

Cementos Pacasmayo

Holcim announced a strategic acquisition of a majority stake in Cementos Pacasmayo, a leading cement and building materials producer in Peru. It operates 3 cement plants (photo: Conoce la Planta plant) with a capacity of 4.9 Mta, as well as…

Loma Negra in Argentina possibly changes ownership

LomaNegra Amali new

Loma Negra, Argentina’s leading cement producer, possibly changes ownership, moving from Brazilian owner InterCement (part of Camargo Corrêa) back to Argentine control under businessman Marcelo Mindlin’s investment group. The move is driven by InterCement’s debt restructuring plan, which has been…