# RHI Magnesita merges three Indian subsidiaries

RHI Magnesita announced a merger of its three Indian companies—Orient Refractories, RHI India and RHI Clasil—to consolidate its position in the Indian refractory market. The merger is subject to regulatory approval and expected to complete within 9-12 months.

- Type: Acquisition
- Announced: 2018-08-03
- Where: India
- Status: announced
- Products: refractories
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [RHI Magnesita](https://endata.com/companies/17934.md)
- [Orient Refractories](https://endata.com/companies/33554.md) (target)
- [RHI India](https://endata.com/companies/33555.md) (target)
- [RHI Clasil](https://endata.com/companies/33556.md) (target)

## Sources

- [cemnet.com](https://www.cemnet.com/News/story/164636/rhi-magnesita-announces-indian-merger.html), 2018-08-03: "The merger marks an important milestone towards expanding RHI Magnesita's market leadership in the refractory market of India."

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