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Cementos Pacasmayo
Pacasmayo was founded in 1949 as Compañía Nacional de Cemento Pacasmayo S.A. to supply northern Peru's construction needs.
Cementos Pacasmayo
Pacasmayo was founded in 1949 as Compañía Nacional de Cemento Pacasmayo S.A. to supply northern Peru's construction needs. Today it operates as a publicly traded cement, concrete, and quicklime manufacturer listed on the Lima Stock Exchange under the ticker CPACASC1. The Hochschild Group, through Inversiones ASPI S.A., maintains controlling interest, though the stake is divided among multiple family branches rather than residing in a single-family office structure. The firm runs three integrated cement plants — Pacasmayo, Rioja, and Piura — alongside a network of concrete pre-mix plants and aggregate quarries spanning Peru's northern coast and highlands. Its product mix covers Portland cement, ready-mix concrete, precast pavers, and calcium oxide. The company does not operate as an allocator deploying capital into external funds; instead, capital is retained and reinvested into kiln capacity, quarry rights, and distribution logistics. Known end-markets include public infrastructure concessions, mining camp construction, and informal self-build housing in secondary cities like Cajamarca and Chachapoyas. Cementos Pacasmayo employs over 1,500 workers and maintains a distribution chain of licensed hardware stores under the "Dino" brand. The Hochschild family's industrial holdings also extend into mining (Hochschild Mining plc) and formerly financial services, but Pacasmayo operates independently with its own board and minority public float. In November 2023, the company completed a $40 million modernization of its Rioja kiln line to reduce clinker factor and increase alternative fuel co-processing capacity (per the firm, November 2023). The structural differentiator is regulatory — Pacasmayo holds the northern concession zone under Peru's cement market geography, where high transport costs relative to product value create natural regional monopolies. Unlike a family office that allocates capital opportunistically, the Hochschild vehicle here is an operating company whose moat is cemented, quite literally, into northern Peru's geology and distribution grid.
General information
Firm type
Asset Manager
Year founded
1949
AUM
Undisclosed
Location
Region
Latin America
Country
Peru
City
Lima
Corporate office
Lima, Peru
Additional offices
Pacasmayo, Peru · Piura, Peru · Cajamarca, Peru
Principals
Humberto Nadal
Chief Executive Officer
Eduardo Hochschild
Chairman of the Board
Sector focus
Frequently asked questions
Who controls Cementos Pacasmayo, and is it a family office?
The Hochschild family, through Inversiones ASPI S.A., holds controlling interest. It is not a family office but a publicly traded operating company (CPACASC1 on the Lima Stock Exchange) with minority public shareholders and an independent board. The family's broader holdings include Hochschild Mining plc, a separate London-listed precious metals producer.
Does Cementos Pacasmayo allocate capital to external funds or direct investments?
No. Pacasmayo is an industrial operator, not an investment allocator. Capital is deployed into its own plant capacity, quarry acquisitions, and distribution infrastructure. The firm does not participate in fund commitments, co-investments, or venture-stage deals.
What geographic markets does Pacasmayo control?
Pacasmayo holds the dominant cement concession zone across northern Peru — the departments of La Libertad, Cajamarca, Amazonas, San Martín, Lambayeque, and Piura. High transport costs relative to cement's low value-per-ton create a natural barrier to competitors from Lima-based producers.
What is the relationship between Cementos Pacasmayo and the Hochschild family's other businesses?
The firms share a controlling family but operate independently. Eduardo Hochschild chairs both Pacasmayo and Hochschild Mining, but there is no shared balance sheet, no interlocking treasury function, and no single-family-office entity managing consolidated wealth across the two industrial platforms.
What product verticals does Pacasmayo operate beyond cement?
The company produces ready-mix concrete, precast concrete pavers and blocks, quicklime for mining and industrial use, and aggregates from its own quarries. It also runs the Dino chain of hardware stores, which functions as both a retail channel and a last-mile distribution network for its bagged cement.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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