(IN BRIEF) Holcim has acquired Compañía Minera Luren, a leading Peruvian producer of specialty building materials with 377 employees, to enhance its product portfolio and accelerate expansion in Latin America. Known for its energy-efficient walling systems that combine advanced insulation with specialty mortars, Compañía Minera Luren will enable Holcim to offer fully integrated construction solutions spanning from foundation to roofing. The acquisition is anticipated to yield substantial synergies in Peru and across the region, reinforcing Holcim’s commitment to sustainable, high-value building solutions.
(PRESS RELEASE) ZUG, 4-Apr-2025 — /EuropaWire/ — Holcim has successfully finalized its acquisition of Compañía Minera Luren, a prominent Peruvian manufacturer of specialty building solutions that employs 377 people. Renowned for its energy-efficient walling systems, which integrate high-performance insulation with specialty mortars, Compañía Minera Luren is well positioned to drive expansion in Peru and boost growth across Latin America. The merger is expected to create significant synergies within the region, broadening Holcim’s product range to include fully integrated solutions from foundation and flooring to walling and roofing.
Oliver Osswald, Region Head for Latin America, commented on the strategic value of the acquisition: “Bringing Compañía Minera Luren into the Holcim family expands our product portfolio and accelerates our growth in Latin America. Their innovative walling systems enhance our capacity to deliver end-to-end building solutions. I warmly welcome all 377 employees to our team.”
Founded in 1956 as a family-owned business, Compañía Minera Luren specializes in walling systems and other unique building materials, including minerals for industrial use. Its offerings perfectly complement Holcim’s existing operations in Peru, reinforcing the company’s commitment to providing sustainable and high-value construction solutions across the region.
Holcim is a global leader in innovative and sustainable building solutions with net sales of CHF 26.4 billion in 2024. Our 65,000 employees are driven by our purpose to build progress for people and the planet across our regions to improve living standards for all. We partner with our customers to offer the broadest range of advanced solutions, from sustainable building materials ECOPact and ECOPlanet, to our circular technology ECOCycle®, all the way to Elevate’s advanced roofing and insulation systems.
This document contains forward-looking statements. Such forward-looking statements do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets, as the case may be, including with respect to plans, initiatives, events, products, solutions and services, their development and potential. Although Holcim believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions as at the time of publishing this document, investors are cautioned that these statements are not guarantees of future performance. Actual results may differ materially from the forward-looking statements as a result of a number of risks and uncertainties, many of which are difficult to predict and generally beyond the control of Holcim, including but not limited to the risks described in the Holcim’s annual report available on its website (www.holcim.com) and uncertainties related to the market conditions and the implementation of our plans. Accordingly, we caution you against relying on forward-looking statements. Holcim does not undertake to provide updates of these forward-looking statements.
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First published in this link of EuropaWIRE.
