Mergers & Acquisitions ·
Holcim subsidiary Aspi offers $8.93 per share for up to 49.99% of Cementos Pacasmayo in U.S. tender offer
CPACCementos Pacasmayo Saa
Inversiones ASPI S.A., a subsidiary of Holcim Ltd., is conducting a simultaneous public tender offer (U.S. Offer) and Subsequent Public Tender Offer (PTO) to acquire up to 211,882,902 voting common shares, representing approximately 49.99% of Cementos Pacasmayo S.A.A.'s share capital. The U.S. Offer is priced at S/ 8.93 per share and S/ 44.65 per American Depositary Share (ADS), payable in cash in United States dollars. The offer commenced on October 22, 2026, and expires on November 20, 2026. Cementos Pacasmayo's Board of Directors has issued a reasoned report regarding the offers and submitted Schedule 14D-9 to the SEC. This filing responds to a regulatory inquiry from Peru's Superintendence of the Securities Market (SMV) requiring disclosure of U.S. Offer documentation previously filed with the SEC. Cementos Pacasmayo operates in the cement manufacturing industry.