Corminco

What Corminco does

Corminco (legal entity CORMINCO S.A.C.) is a privately held Peruvian industrial-services company founded in 2006 that delivers integrated engineering, fabrication, maintenance, and equipment solutions to Peru's mining, construction, and industrial sectors. The company operates through five strategic divisions — Equipos Especiales (Special Equipment), Ingeniería y Metalmecánica (Engineering and Metal Mechanics), Obras Civiles (Civil Works), Oleohidráulica (Oil Hydraulics), and Sistemas de Lubricación (Lubrication Systems) — covering CAD/CAE design, plant fabrication and installation, metal mechanics, non-destructive testing (ultrasound, magnetic particles, liquid penetrants), dynamic balancing and laser alignment, specialized welding and parts recovery, industrial coatings, electrical and automation systems, hydraulic services, and scheduled preventive/corrective/predictive maintenance. Branded manufactured products include the COR-PIN PULLER hydraulic pin extractor, the Manipulador de Componentes for CAT/Komatsu mining trucks, lubricating trucks, mining hoppers, conveyor belts, fireproof warehouses, Gramby mining cars, air lungs, Komatsu 980E component bases, and explosives storage tanks.

Corminco's business model combines project-based professional services (engineering design, fabrication, maintenance, and installation), hardware sales of custom-fabricated equipment and represented international brands, and distribution of lubrication, hydraulic, and tooling brands including ENERPAC (only authorized workshop in Peru), RAASM, FAST FILL SYSTEMS, LARZEP, Milwaukee, Lincoln Industrial, and Ingersoll Rand. Revenue is generated via quote-based, project-specific pricing on multi-year contracts with enterprise customers, sold through direct enterprise field sales with technical advisors and contact via WhatsApp, email, and website forms. The company holds SGS and ISO certifications and operates from two Lima (Ate) locations plus a Moquegua branch serving southern Peru, reporting more than 65 satisfied clients including Antamina, Southern Copper, Hudbay, Buenaventura, Glencore, Milpo, Volcan, and Kolpa.

Name

Corminco

Legal name

CORMINCO S.A.C.

Website

https://corminco.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Corminco is a Peruvian industrial services company that delivers engineering design, fabrication, maintenance, and branded equipment to large-scale mining, construction, and industrial operators across Peru, with five operational divisions and six international brand distribution agreements.

Ownership category

akta.pro rank

Product category

Industrial Engineering & Maintenance Services

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530), Services-Testing Laboratories (8734)

akta.pro primary industry

Mining & Mineral Processing Facility Construction (IMAFADAE)

Keywords

• Industrial maintenance services
• Mining equipment fabrication
• Metalworking engineering
• Hydraulic systems integration
• Lubrication systems design

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Engineering and Metalworking Services: Design, fabrication, and installation of industrial systems, structures, and mechanical components including plant installations, machining, and spare parts manufacturing
2. Maintenance Services: Preventive, corrective, and predictive maintenance services including hydraulic systems, lubrication systems, and industrial coatings
3. Specialized Equipment Sales: Sale of tools, equipment, and specialized machinery including lubricating trucks, component manipulators, and custom-designed special equipment
4. Representation and Distribution: Distribution of industrial equipment brands including RAASM, FAST FILL SYSTEMS, LARZEP, ENERPAC, Milwaukee, Lincoln Industrial, and Ingersoll Rand

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

CORMINCO is a Peruvian industrial services company that designs, fabricates, and maintains specialized equipment, components, and structures for the mining, construction, and industrial sectors. Its offering spans five divisions covering special equipment, engineering and metal mechanics, civil works, oil hydraulics, and lubrication systems, delivered alongside authorized distribution of international industrial equipment brands. Core deliverables include custom-fabricated mining components, plant installation and maintenance services, non-destructive testing, laser alignment, specialized welding, and industrial coatings.

Product overview

Corminco is a Peruvian industrial services company with over 19 years of experience offering integrated solutions for the mining, construction, and industrial sectors. The company operates through five strategic divisions: Equipos Especiales (Special Equipment), Ingeniería y Metalmecánica (Engineering and Metal Mechanics), Obras Civiles (Civil Works), Oleohidráulica (Oil Hydraulics), and Sistemas de Lubricación (Lubrication Systems). The portfolio includes manufactured products such as the COR-PIN PULLER hydraulic pin extractor, Component Manipulator for mining truck maintenance, Lubricating Trucks, Mining Hoppers, Conveyor Belts, Fireproof Warehouses, Mining Cars, Air Lungs, Komatsu 980E component bases, and specialized industrial equipment. Services span the full project lifecycle from CAD/CAE engineering design, plant fabrication and installation, metal mechanics, non-destructive testing (ultrasound, magnetic particles, liquid penetrants), dynamic balancing and laser alignment, specialized welding, industrial coatings, electrical and automation systems, hydraulic services, scheduled maintenance, and comprehensive project management. The company serves major Peruvian mining operations including Antamina, Southern Copper, Volcan, Milpo, Buenaventura, and Glencore.

Differentiator

Problem solved

Functional benefit

Products and services

• Pulmones de aire (Air Lungs)

Quantifiable outcome

• More than 65 satisfied clients across mining, construction, and industrial sectors
• +2 more outcomes

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• ENERPACcoreChannel Partner/ Reseller/ DistributorAuthorized service workshop for ENERPAC products in Peru, providing sales, service, and support for hydraulic tools and equipment
• RAASMcoreChannel Partner/ Reseller/ DistributorDistribution partnership for RAASM brand equipment including lubrication and fluid management systems
• FAST FILL SYSTEMScoreChannel Partner/ Reseller/ DistributorDistribution partnership for FAST FILL SYSTEMS fuel and fluid filling equipment
• LARZEPcoreChannel Partner/ Reseller/ DistributorDistribution partnership for LARZEP hydraulic equipment including pumps, cylinders, and tools
• Milwaukee Electric ToolminorChannel Partner/ Reseller/ DistributorDistribution of Milwaukee professional electric tools for industrial applications
• Lincoln IndustrialcoreChannel Partner/ Reseller/ DistributorDistribution partnership for Lincoln Industrial lubrication systems and equipment
• Ingersoll RandcoreChannel Partner/ Reseller/ DistributorDistribution partnership for Ingersoll Rand compressed air and industrial equipment
• COMASURMINcoreStrategic or Co-development PartnerActive participation in COMASURMIN 2024, the Peruvian Mining Suppliers Association, for industry networking and partnerships

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HV Contratistas: Peruvian mining and civil works contractor serving copper and gold miners in southern Peru (Arequipa, Moquegua, Tacna). Comparable as a regional Peruvian contractor overlapping Corminco's southern Peru mining-services footprint.
• Confipetrol: Peruvian oil, gas, mining, and industrial services company providing maintenance, fabrication, and lubrication services. Directly comparable as a Peruvian multi-division industrial services peer targeting the same mining-customer set.
• Anddes Asociados: Peruvian engineering and consulting firm serving the mining and energy sectors with engineering design, project management, and construction support. Comparable for its domestic Peruvian mining-engineering overlap with Corminco's engineering and metalmechanic division.
• Stracon GyM: One of Peru's largest mining contractors offering open-pit mining services, construction, and engineering to tier-1 miners. Comparable as a Peruvian-headquartered mining services competitor bidding on adjacent scopes including maintenance, civil works, and equipment support.
• San Martin Contratistas Generales: Peruvian mining and construction contractor providing integrated services to major miners including Glencore and Antamina. Highly comparable as a domestic Peruvian services firm competing for the same mining clients and project scopes as Corminco.

Broad incumbents

• Komatsu: Global mining and construction equipment OEM (Komatsu 980E trucks are explicitly referenced in Corminco's product portfolio). Comparable as the OEM whose equipment Corminco services and fabricates components for — a key customer-adjacent incumbent in the value chain.
• Sandvik: Global mining and rock-processing equipment and services company with Latin American operations. Comparable as an established incumbent offering overlapping mining-equipment, parts, and maintenance services that compete for the same mining-customers' wallets.
• Metso: Global leader in mining, aggregates, and metals processing equipment with strong presence in Peru's copper mines (including services at Antamina and Southern Copper). Comparable as an incumbent equipment and lifecycle-services provider competing for the same maintenance and parts-recovery scope.
• Techint Engineering & Construction: Large Latin American industrial engineering and construction group with significant mining-sector presence across the Andes. Comparable as a broader-scope incumbent competing for the same tier-1 mining EPC and maintenance work that Corminco targets.

Regional players

• Finning: Caterpillar dealer for the Americas (including Peru, Chile, Argentina) providing equipment sales, parts, and maintenance. Comparable as a regional equipment-and-services competitor with overlapping mining-customer relationships and a broader service-portfolio than Corminco.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@CORMINCOSAC
• Facebookfacebook.com/Cormincoperu
• LinkedInlinkedin.com/company/cormincosac
• Instagraminstagram.com/cormincosac
• TikToktiktok.com/@corminco

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Corminco