Cintac is a leader in the manufacture and marketing of construction systems, with the widest range of steel products, serving the needs of the construction and industry market. With presence in Chile, Peru and a large part of Latin America, Cintac offers the market its lines of tubes, profiles, pipes, plates, covers, coatings, structural elements and infrastructure, with innovative proposals and an exceptional technical team.
On July 3rd, 2018, Cintac S.A. subsidiary of the Chilean steel group CAP, acquired 70% of the shares of the Calaminon conglomerate for US$ 40 MM. The transaction included the four companies that make up Calaminon: Estructuras Industriales EGA S.A., FERA Peru S.A.C., Frio Panel S.A.C., and Vigas y Tubos S.A.C.
Calaminon is a leading Peruvian company with over 50 years of experience in the production and marketing of building solution products such as roofing sheets, polystyrene and polyurethane panels, structural profiles, among others. It is also one of the main suppliers of prefabricated modules for public and private institutions
This acquisition will allow Cintac S.A. to consolidate its operations in Peru along the integration into the prefabricated modular solutions market. Cintac S.A. has been operating in Peru for more than 20 years through its subsidiary Tupemesa.
EFIC Partners and Bansud Capital acted as financial advisors to Cintac S.A. throughout all the stages of the transaction.