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Peru: Heidelberg Materials has entered into a binding agreement to acquire a 70% majority stake in Peru-based Cementos Inka. The company was founded in 2007 and employs around 200 people. It operates two grinding units with a combined capacity of 1.3Mt/yr, as well as two ready-mix concrete plants. Its production sites are located near Lima and Pisco. According to a statement from Heidelberg Materials, both parties have agreed not to disclose the financial terms of the transaction, which is expected to be closed by October 2026.