# ACC and Ambuja Cements boards agree to evaluate potential merger

ACC Ltd and Ambuja Cements Ltd, both part of LafargeHolcim Group, have agreed to start evaluating a potential merger to combine their strengths.

- Type: Acquisition
- Announced: 2017-05-05
- Where: India
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [LafargeHolcim Group](https://endata.com/companies/19905.md) (partner)
- [ACC](https://endata.com/companies/20080.md) (target)

## Sources

- [livemint.com](https://www.livemint.com/Companies/KisnPEQRLAHv23l9KFtcGM/ACC-Ambuja-Cements-evaluating-merger.html), 2017-05-05: "ACC and Ambuja Cements Ltd, both part of the LafargeHolcim Group, on Friday said their boards had agreed to start evaluating a potential merger between the two with a view to combine the strengths of both businesses."
- [thehindu.com](https://www.thehindu.com/business/Industry/acc-to-consider-merger-with-ambuja-cements/article18392976.ece), 2017-05-05: "ACC Ltd's board of directors at its meeting today decided to commence an evaluation of a potential merger between the company and Ambuja Cements, the company said in a statement."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
