Brief: Heidelberg Materials Takes Majority Stake In Peru-Based Cementos Inka
BRIEF-Heidelberg Materials Takes Majority Stake In Peru-Based Cementos Inka Sept 8 (Reuters) - HEIDELBERG MATERIALS AG HEIG.DE:
TAKES MAJORITY STAKE IN PERU-BASED CEMENTOS INKA
TRANSACTION IS VALUED AT AN EBITDA MULTIPLE OF AROUND 6×
GIVEN ITS ASSET-LIGHT NATURE, THE ACQUISITION WILL BE HIGHLY ACCRETIVE TO ALL THE FINANCIAL METRICS OF HEIDELBERG MATERIALS FROM YEAR ONE AND WILL SUPPORT ITS SUSTAINABILITY TARGETS
TRANSACTION IS NOT SUBJECT TO REGULATORY APPROVAL
BOTH PARTIES HAVE AGREED NOT TO DISCLOSE FURTHER FINANCIAL TERMS OF THE TRANSACTION, EXPECTED TO BE CLOSED BY OCT 2026
Further company coverage: HEIG.DE
(Gdansk Newsroom)
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