Cementos Pacasmayo S.A.A. filings document a Peruvian foreign private issuer whose American depositary shares trade under CPAC and whose common shares also trade on the BVL as CPACASC1. Form 20-F reports and 6-K submissions cover IFRS financial statements, cement, concrete, precast and quicklime operations, sales-volume trends, debt and capital-structure items, dividends and retained-earnings allocations.
Material-event reports filed through Form 6-K also record Peruvian SMV communications, the completed Holcim indirect control change through Inversiones Aspi S.A., board and committee composition, adherence to the Holcim Group Code of Ethics, shareholder-meeting matters, ESG and climate-risk agenda items, and other governance disclosures.
Cementos Pacasmayo S.A.A. (CPAC) reported that Inversiones ASPI S.A., a subsidiary of Holcim Ltd., formulated a subsequent public tender offer in Peru and a simultaneous U.S. offer for Pacasmayo’s voting common shares. Together, the offers seek to acquire up to 211,882,902 shares, approximately 49.99% of the company’s common shares. The stated cash prices are S/ 8.93 per share and S/ 44.65 per American Depositary Share (ADS), payable in U.S. dollars; each ADS represents five shares.
The U.S. offer was scheduled to commence October 22, 2026, and expire at 4:00 p.m. New York City time on November 20, 2026. It is directed to shareholders resident in the United States and holders of ADSs, regardless of residence. Pacasmayo also submitted a response to the Superintendence of the Securities Market, provided a direct SEC EDGAR link to ASPI’s Schedule TO, the Offer to Purchase dated October 22, 2026, and related exhibits, and identified the company’s Schedule 14D-9.
Cementos Pacasmayo S.A.A. reported that it received on October 28, 2026, an official letter from Peru’s Superintendence of the Securities Market (SMV) regarding MSRA S.A.C.’s valuation report, which the company disclosed on October 14, 2026. The report determined the minimum price to be considered by Holcim Ltd. in its public tender offer for Cementos Pacasmayo common shares.
The SMV said MSRA had not sufficiently addressed prior observations and reiterated requests for support on three areas: the basis for projecting Pacasmayo sales-volume growth at the private-investment growth rate; tables and supporting documents for the model’s 2036 depreciation and amortization; and calculations supporting factors applied to inventories and other property, plant and equipment, net. MSRA must address the requirements within a maximum of one business day, counted from the business day following notification.
Cementos Pacasmayo S.A.A. reported that Inversiones Aspi S.A., the offeror, is conducting a subsequent tender offer for up to 211,882,902 common voting shares, representing 49.99% of Cementos Pacasmayo’s common shares.
Cementos Pacasmayo said it received an official letter from Peru’s Superintendency of the Securities Market (SMV) setting out observations on the offer documents. The SMV asked Aspi to make the documentation for the Peruvian and U.S. offers consistent, clarify that U.S.-resident common shareholders may elect either offer and describe any required participation steps, and clarify a bank-guarantee reference to BBVA Germany. Aspi must address the observations within three business days, counted from the business day following service. Adjustments to the Peruvian offer’s validity period or other terms to match the U.S. offer require prior SMV approval.
Cementos Pacasmayo S.A.A. approved issuance and filing of its board’s reasoned report and the final content of Schedule 14D-9 in connection with tender offers launched by Inversiones ASPI S.A., a subsidiary of Holcim Ltd., jointly and severally with Holcim.
The offers include a Peruvian tender offer for CPAC common voting shares and a concurrent U.S. offer. The U.S. offer is directed to U.S.-resident holders of those shares and holders of American Depositary Shares regardless of residence; each ADS represents five common voting shares. The board approved the materials on October 27, 2026; the reasoned report was attached, and the company said it was concurrently filing Schedule 14D-9 with the SEC.
Cementos Pacasmayo S.A.A. (CPAC) says it is neutral with respect to the U.S. Offer by Inversiones ASPI S.A., a direct, majority-owned subsidiary of Holcim Ltd., and makes no recommendation on whether holders should accept or reject it. The offers seek any and all eligible Common Shares at S/ 8.93 per Common Share and ADSs at S/ 44.65 per ADS, payable in cash; each ADS represents five Common Shares. The U.S. Offer covers Common Shares held by U.S. holders and ADSs held wherever located, excluding securities owned by Holcim and its affiliates. A concurrent Peru Offer covers Common Shares on substantially the same terms.
The U.S. Offer is scheduled to expire at 4:00 p.m. New York City time on November 20, 2026, unless extended. Payments to U.S. holders are converted from Peruvian soles to U.S. dollars using the SBS rate published on the expiration date and deposited with the tender agent on the second trading day after expiration, less applicable withholding taxes and without interest. The board published a report on October 27, 2026 setting out advantages and disadvantages of accepting the Peru Offer. Following consummation, the purchaser intends, to the extent legally permitted, to delist the ADSs and represented Common Shares from the NYSE and terminate their Exchange Act registration.
Cementos Pacasmayo S.A.A. reported unaudited consolidated results for the three and nine months ended September 30, 2026. Third-quarter sales of goods were S/667.424 million, compared with S/574.067 million in 2025, and profit for the period was S/121.398 million, versus S/71.507 million. For the first nine months, sales of goods were S/1,781.947 million, versus S/1,557.339 million, while profit for the period was S/280.588 million, versus S/172.002 million.
Nine-month operating profit was S/470.282 million, compared with S/307.615 million, and net cash flows provided by operating activities were S/473.167 million, versus S/279.843 million. Cash and cash equivalents were S/387.705 million as of September 30, 2026, compared with S/53.571 million as of December 31, 2025. Total financial obligations were S/1,333.876 million as of September 30, 2026. The company stated it complied with the financial ratios in its Club Deal and corporate bond conditions.
Cementos Pacasmayo S.A.A. reported 3Q26 sales of goods of S/ 667.4 million, up 16.3% from 3Q25. Gross profit was S/ 299.4 million (+33.7%), operating profit S/ 194.2 million (+60.1%), and net income S/ 121.4 million (+69.8%). Consolidated EBITDA reached S/ 233.1 million, up 45.1%, while its margin increased 7.0 percentage points to 34.9%. Cement, concrete and precast shipments rose 14.2%.
For 9M26, sales of goods were S/ 1,781.9 million, up 14.4%; net income was S/ 280.6 million, up 63.1%; and consolidated EBITDA was S/ 585.8 million, up 37.7%. As of September 30, 2026, cash was S/ 387.7 million, outstanding debt was S/ 1,337 million, and the Net Debt/EBITDA ratio was 2.0 times. Higher cement demand and selling prices supported sales; a new long-term energy contract lowered electricity rates and cement production costs. Concrete, pavement and mortar sales fell 19.7% in 3Q26 following completion of deliveries for the Yanacocha, Motupe and Piura airport projects; the segment's gross margin was 19.8%, compared with -1.2% in 3Q25.
Cementos Pacasmayo S.A.A. reported that MSRA S.A.C., the valuation firm appointed to determine the minimum price per share for a tender offer to be considered by Inversiones Aspi S.A. for the company’s voting shares, submitted a response to comments from the Superintendency of the Securities Market (SMV). MSRA said it had addressed all the comments and that its response does not modify the minimum price in its valuation report disclosed October 14, 2026.
Cementos Pacasmayo S.A.A. reported that on October 23, 2026, it became aware that notices of a tender offer launched by Inversiones Aspi S.A. for shares representing its share capital had been published in Peru’s Official Gazette, El Peruano, and the newspaper La República.
Cementos Pacasmayo S.A.A. (CPAC) reported that it had been copied on a communication from Peru’s Superintendencia del Mercado de Valores (SMV) raising observations on MSRA S.A.C.’s valuation report for a tender offer for CPAC common shares. MSRA was appointed to determine the minimum price to be considered in the offer, and the SMV letter refers to a report submitted on October 14, 2026.
The observations request supporting information and calculations for projected prices and costs, debt and financial costs, CAPEX, WACC, terminal value, working-capital accounts, EBIT, depreciation and amortization, and land valuations. The SMV directed MSRA to respond in one written submission—not a new version of the valuation report—within no more than one business day, calculated from the business day following notification.