# Holcim sells 54.32% stake in Cementos Polpaico to Grupo Hurtado Vicuña

Holcim announced the sale of its 54.32% stake in Cementos Polpaico to Grupo Hurtado Vicuña via a tender offer. The deal values the stake at approximately 7700 Chilean pesos per share.

- Type: Acquisition
- Announced: 2016-11-03
- Where: Chile
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (partner)
- [Cementos Polpaico](https://endata.com/companies/19907.md) (target)
- [Grupo Hurtado Vicuña](https://endata.com/companies/19908.md) (acquirer)

## Sources

- [t13.cl](https://www.t13.cl/noticia/negocios/opa-polpaico-minoritarios-analizan-no-ir-y-apuestan-permanecer-negocio-cementero), 2016-11-03: "Hace casi un mes la compañía franco suiza Holcim anunció que vendería su 54,32% de participación en Cementos Polpaico al grupo Hurtado Vicuña."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.