# Orient Refractories to merge with subsidiaries RHI India and RHI Clasil

Orient Refractories announced a merger of its unlisted subsidiaries RHI India and RHI Clasil with itself to improve operational efficiency and simplify the holding structure. The merger is expected to complete in 9-12 months.

- Type: Acquisition
- Announced: 2018-08-31
- Where: India
- Status: announced
- Products: refractory products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [indiancementreview.com](https://indiancementreview.com/2018/08/orient-refractoriesmerger-may-boost-shareholder-value/), 2018-08-31: "The BSE-listed Orient Refractories has announced merger of its two unlisted subsidiaries – RHI India and RHI Clasil – with itself for better operational efficiency and simplify holding structure."

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