Cemento Polpaico announced a merger with Gamma Cementos, enabling Polpaico shareholders to retain a 70% stake in the newly formed entity to strengthen market position and operational efficiency.
Target Information
Cemento Polpaico is a prominent Chilean producer and distributor of cement, concrete, and aggregates. Established with a long-standing history in the industry, the company reported revenues of approximately USD 220 million in 2019, showcasing its significant presence in the local market.
The company is poised to undergo a strategic transformation through its planned merger with Gamma Cementos, a major player in the sector. This merger aims to enhance operational efficiencies and strengthen market positioning within the highly competitive construction materials industry in Chile.
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Industry Overview
The cement industry in Chile is characterized by its robust growth and development, driven by a consistent demand from the construction sector. In recent years, signi
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Cemento Polpaico
invested in
Gamma Cementos
in 2020
in a Merger deal
Disclosed details
Revenue: $220M