Holcim expands in Colombia

Holcim has signed an agreement to expand in Latin America by acquiring building materials and solutions operations in Colombia from Cemex that represent projected 2026 net sales of around US$360 million. The transaction will expand Holcim’s operational footprint in the country by adding more than 20 production sites.

The production sites include Caracolito cement plant, Santa Rosa grinding station, as well as more than 20 ready-mix concrete, aggregates, mortars and admixtures plants. The acquisition will complement Holcim’s existing operations in Colombia, which include one cement plant in Nobsa, eight ready-mix concrete plants, one admixtures plant and one aggregates plant, as well as more than 150 Disensa retail stores.

Miljan Gutovic, Holcim CEO: “This acquisition will strengthen Holcim's presence in Colombia and accelerate growth in the attractive region of Latin America in line with our NextGen Growth 2030 strategy. Expanding our footprint in the country, these assets complement our existing portfolio.”

The transaction value of US$485 million represents a pro forma 2026 EBITDA multiple of around 5x after run-rate synergies of around US$30 million expected to be realised in year three. It is earnings per share (EPS) accretive in year one and return on invested capital (ROIC) accretive in year three.

The acquisition is in line with Holcim’s commitment to financial discipline and growth-focused capital allocation. It is subject to customary conditions and regulatory approval, and expected to close around the end of the year.

Read the article online at: https://www.worldcement.com/the-americas/12032026/holcim-expands-in-colombia/