Cementos Pacasmayo S.A.A.: Market Snapshot and Recent Tender Offer Activity
Market Performance (24‑Hour Window) Cementos Pacasmayo S.A.A. (CPAC) closed the trading session on Thursday, 22 October 2026 at USD 12.66, marking a modest 0.16 % rise during the 24‑hour period ending at 12:26 PM Central Europe time. The share price is currently supported by a simple moving average of the last 200 days at USD 11.26, indicating that the stock is trading slightly above its recent trend line. Over the last 52 weeks, CPAC’s price oscillated between a low of USD 6.25 (24 November 2025) and a high of USD 12.74 (21 October 2026).
- Market Capitalization: USD 1.1 bn
- Shares Outstanding: 84.8 million
- Volume Traded (Last 24 Hours): USD 120.3 k
- Year‑to‑Date Gain: 2.18 % since the close of last month
The recent uptick in CPAC’s share price coincides with the announcement of a concurrent public tender offer by Inversiones ASPI S.A., a subsidiary of Holcim Ltd. The offer, which opened on 21 October 2026, seeks to acquire all outstanding common shares and associated American Depositary Shares (ADS).
Tender Offer Details
| Item | Value |
|---|---|
| Offer Price (Peruvian Soles per Common Share) | 8.93 S/ |
| Offer Price (Soles per ADS) | 44.65 S/ |
| Payment Method | Cash, converted to U.S. dollars at prevailing exchange rate on settlement |
| U.S. Offer Expiry | 20 November 2026 |
| Peru Component Expiry | 20 November 2026 |
The filing includes a comprehensive valuation report and a summary of the proposed transaction, indicating that the offer could result in a near‑complete acquisition of CPAC’s equity. The announcement was made through a Schedule 13D amendment and a corresponding tender‑offer statement filed with the U.S. Securities and Exchange Commission (SEC).
Broader Market Context
In the same 24‑hour window, other companies in the mining and construction sectors exhibited varied performance:
- Hochschild Mining (HOC.L) declined 3.16 % to GBX 467, despite solid third‑quarter results and ongoing expansion projects in Brazil and Peru.
- Minera Irl (MIRL.CN) remained flat at CAD 0.02, with a market capitalization of CAD 4.3 mn.
- Volcan Cia Minera Saa (XVOLB.MC) slipped 0.87 % to EUR 0.22, maintaining a low price‑to‑earnings ratio of 3.85.
- Nuvoco Vistas (NUVOCO.NS) fell 2.83 % to INR 337.7, as the Indian market awaited upcoming earnings announcements.
- Unipar Carbocloro –Ord (UNIP3.SA) decreased 0.48 % to BRL 58, with a price‑to‑earnings ratio of 25.55.
These movements illustrate the broader volatility within commodity‑related stocks, yet CPAC’s price action remains relatively stable, underscoring investor confidence in the company’s operational fundamentals and its strategic partnership with Holcim.
Company Profile
Cementos Pacasmayo S.A.A. is a Peruvian firm specializing in the production and sale of cement, concrete blocks, ready‑mix concrete, and quicklime for mining applications. The company was listed on the New York Stock Exchange following its initial public offering on 8 February 2012. With a robust portfolio of products tailored to the construction and mining sectors, CPAC continues to play a pivotal role in Peru’s infrastructure development.
For further corporate information, stakeholders may visit the official website at www.pacasmayo.com.pe .