Cementos Pacasmayo Details Holcim-Related Transaction Expenses After SMV Inquiry

Cementos Pacasmayo SAA ( (CPAC) ) just unveiled an update.

On March 27, 2026, Cementos Pacasmayo responded to a request from Peru’s securities regulator SMV to detail the S/77.6 million recorded as “Expenses associated with the Holcim acquisition” in its 2025 audited financial statements. The company explained these non-recurring costs comprised S/5.6 million in legal, tax and financial advisory fees, S/65.3 million in senior management bonuses, and S/6.7 million in an early education donation to UTEC that was specifically categorized as a transaction expense under the Holcim stock purchase agreement.

Pacasmayo stressed that the CEO’s large performance bonus was contractual and tied to the company’s growth, not a golden parachute, while retention incentives for top managers were approved in November 2025 to ensure continuity during the change of control. The company also disclosed that controlling shareholder Eduardo Hochschild voluntarily reimbursed the advisory fees in March 2026 and emphasized that all transaction-related expenses were transparently presented as a separate line item, vetted by the audit committee and external auditors, and highlighted to investors in its February 2026 earnings materials and shareholder call.

The most recent analyst rating on (CPAC) stock is a Hold with a $10.50 price target. To see the full list of analyst forecasts on Cementos Pacasmayo SAA stock, see the CPAC Stock Forecast page.

Spark’s Take on CPAC Stock

According to Spark, TipRanks’ AI Analyst, CPAC is a Neutral.

The score is driven primarily by middling financial fundamentals—solid operating profitability and generally positive free cash flow, but constrained by leverage and recent margin/top-line pressure. The latest earnings call adds support via improved underlying results and constructive 2026 outlook, while technical indicators remain a near-term headwind. Valuation is helped by a strong dividend yield, partially offset by a moderate P/E.

To see Spark’s full report on CPAC stock, click here.

More about Cementos Pacasmayo SAA

Cementos Pacasmayo S.A.A., also known as Pacasmayo Cement Corporation, is a Peruvian cement producer focused on supplying construction materials to the local market. The company is controlled by Inversiones ASPI S.A., which holds just over half of its capital stock and has recently been subject to a change-of-control transaction involving Swiss building materials group Holcim Ltd.

Average Trading Volume: 21,726

Technical Sentiment Signal: Buy

Current Market Cap: $916.8M

For a thorough assessment of CPAC stock, go to TipRanks’ Stock Analysis page.