# Grupo Hurtado Vicuña and Holcim reach agreement to acquire Polpaico

Grupo Hurtado Vicuña, Holcim, and Chile's National Economic Prosecutor reached an out-of-court agreement to allow the takeover of Polpaico by the Hurtado Vicuña group. The agreement likely involves the sale of seven concrete plants to avoid excessive market concentration.

- Type: Acquisition
- Announced: 2017-06-02
- Where: Chile
- Status: announced
- Products: cement, concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md) (partner)
- [Grupo Hurtado Vicuña](https://endata.com/companies/19908.md) (acquirer)
- [Polpaico](https://endata.com/companies/24667.md) (target)

## Sources

- [df.cl](https://www.df.cl/empresas/infraestructura-inmobiliaria/grupo-hurtado-holcim-y-fne-llegan-a-acuerdo-por-polpaico-se), 2017-06-02: "Tras un proceso de análisis que se extendió por más de seis meses, el grupo Hurtado Vicuña, la suiza Holcim y la Fiscalía Nacional Económica llegaron a un acuerdo extrajudicial para viabilizar la OPA mediante la cual los empresarios nacionales se quedarán con el control de Polpaico"

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