Takeover of construction company in Peru
Holcim has acquired Compañía Minera Luren. The company, based in the south of the Peruvian capital Lima, produces wall systems that combine energy-efficient insulation and special mortar. Holcim expects this to generate considerable synergies in Peru and Latin America.
Holcim has finalised the acquisition of Compañía Minera Luren, according to a company press release. With the Lima-based company for specialised construction solutions, the Zug-based building materials group believes it is well positioned to expand its business in Peru and accelerate growth in Latin America. Holcim believes that this acquisition will create “significant synergies” in Peru and Latin America. This is because the product portfolio complements Holcim’s existing business in Peru “to a high degree”.
Founded in 1956, the family-owned company Compañía Minera Luren manufactures masonry systems and other specialised building materials, including minerals for industrial applications, under its La Casa brand. The company specialises in wall systems that combine energy-efficient insulation and special mortar.
“The acquisition of Compañía Minera Luren will expand Holcim’s product portfolio,” says Oliver Osswald, Head of Region Latin America. Their wall systems would enable Holcim to “offer customers fully integrated complete solutions, from foundations and flooring to walls and roofs”.