Loma Negra Compania Industrial Argentina Sociedad Anonima Business Summary

Loma Negra Compañía Industrial Argentina Sociedad Anónima (LOMA) operates as the dominant vertically integrated manufacturer and distributor of cement and construction materials in Argentina, commanding approximately 45% of the domestic market share. The company generates revenue primarily through the production and sale of cement, masonry cement, and lime, which collectively account for nearly 90% of its total net sales. Its business model is bolstered by strategic vertical integration across five primary segments: Cement, Masonry & Lime; Concrete; Aggregates; Railroad Services (via its subsidiary Ferrosur Roca); and Others, including industrial waste co-processing through Recycomb. This integrated logistics network allows Loma Negra to maintain cost efficiencies and supply chain stability in a volatile macroeconomic environment. Its primary direct competitors include Holcim Argentina, Cementos Avellaneda, and regional players like Cementos Argos and Cementos Pacasmayo, against whom Loma Negra maintains a superior competitive position due to its extensive limestone reserves and proprietary rail infrastructure. Founded in 1926 by industrialist Alfredo Fortabat, the company is currently led by Chief Executive Officer Sergio Damián Faifman, who has served in the role since 2016 and brings over 30 years of experience within the organization, including an MBA from UCEMA. Supporting him is Chief Financial Officer Marcos Isabelino Gradin, a veteran executive with the firm since 1998 and a background in corporate finance from Pontificia Universidad Católica Argentina. The leadership team is overseen by Board President Paulo Diniz, who also serves as CEO of InterCement. As of March 2026, the company is undergoing a significant ownership transition following a court-approved debt restructuring plan that facilitates the acquisition of InterCement’s 52% controlling stake by Latcem, an investment vehicle led by prominent Argentine businessman Marcelo Mindlin alongside Redwood Capital Management and Moneda-Patria Investments. This transition marks a return to Argentine majority ownership for the first time in two decades, supported by institutional investors such as Capital International and PointState Capital.