# Heidelberg Materials strategic restructuring and expansion > Live situation record from CLSTR: https://clstr.news/situations/heidelberg-materials-strategic-restructuring-and-expansion > Updated: 2026-09-19T03:18:13.000Z. Sources: 4. Developments: 2. Heidelberg Materials is executing a strategic restructuring to shift focus from the European construction sector toward growth markets. In early September 2026, the German manufacturer signed a binding agreement to acquire a 70% majority stake in Cementos Inka, a Peruvian cement producer. The acquisition of the family-owned company, which operates facilities near Lima and Pisco, is intended to leverage a low-asset model that integrates with Heidelberg Materials’ global network. The deal is expected to close by October 2026. By mid-September, the company clarified that this expansion in Peru is part of a broader effort to offset capacity reductions in Europe, where demand has stagnated. As part of this restructuring, Heidelberg Materials announced plans to close its cement plant in Ranville, France, affecting 87 employees. Concurrently, the company is modernizing an oven line in Airvault to reduce CO2 emissions by approximately 30 percent as its stock price faces pressure amid concerns regarding the European building industry. ## Timeline ### 2026-09-19: Heidelberg Materials closes French plant and expands in Peru Heidelberg Materials is closing its Ranville plant in France due to weak European construction demand while simultaneously acquiring a 70% stake in Peru's Cementos Inka to target growth markets. 2 sources. https://clstr.news/cluster/heidelberg-materials-closes-french-plant-and-expands-in-peru ### 2026-09-08: Heidelberg Materials to acquire 70% stake in Peru's Cementos Inka Heidelberg Materials will acquire a 70% stake in Peru's Cementos Inka, marking the German company's entry into the Peruvian market through a strategic acquisition of grinding and concrete facilities. 2 sources. https://clstr.news/cluster/heidelberg-materials-to-acquire-70-stake-in-perus-cementos-inka --- Cite as: Heidelberg Materials strategic restructuring and expansion. CLSTR, https://clstr.news/situations/heidelberg-materials-strategic-restructuring-and-expansion