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HEI — Heidelberg Materials AG News Story

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Brief: Heidelberg Materials Takes Majority Stake In Peru-Based Cementos Inka

BRIEF-Heidelberg Materials Takes Majority Stake In Peru-Based Cementos Inka

- 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


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