ACC and Ambuja Cements to explore merger

ACC Limited and Ambuja Cements, both Indian units of LafargeHolcim, have decided to explore a possible merger. If completed, the combined entity would become the second-largest cement manufacturer in India with a production capacity of 63 million tonnes per annum.

“The step is aimed at combining the strengths of both businesses to benefit all stakeholders.”scroll.in

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• scroll.inCement companies ACC and Ambuja, parts of LafargeHolcim, to explore possible mergerScroll StaffMay 6, 2017

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