# CCI approves UltraTech's acquisition of Century Textiles' cement business

The Competition Commission of India approved UltraTech Cement's acquisition of the cement business of Century Textiles and Industries. The deal, valued at ₹8,561 crore enterprise value plus ₹3,000 crore debt, will increase UltraTech's capacity to 110 mtpa.

- Type: Acquisition
- Announced: 2018-08-22
- Where: India
- Value: $1.20B (85.6B INR)
- Status: announced
- Capacity: 110 mtpa (UltraTech post-acquisition)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Ultratech Cement](https://endata.com/companies/16256.md) (acquirer)
- [Century Textiles and Industries](https://endata.com/companies/28787.md) (target)

## Sources

- [thehindubusinessline.com](https://www.thehindubusinessline.com/companies/cci-clears-ultratechs-purchase-of-century-arm/article24753786.ece), 2018-08-22: "CCI has given its approval for the share swap deal, said Ultratech in a regulatory filing."

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