# True North to buy Votorantim Cimentos' 75% stake in Shree Digvijay Cement

Private equity firm True North has signed an agreement to acquire Votorantim Cimentos' 75% stake in Shree Digvijay Cement Company Limited (SDCCL) for an undisclosed sum. The deal includes a mandatory open offer to minority shareholders.

- Type: Acquisition
- Announced: 2018-11-13
- Where: India
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Votorantim Cimentos](https://endata.com/companies/15414.md) (target)
- [True North](https://endata.com/companies/35464.md) (acquirer)
- [Shree Digvijay Cement Company Limited](https://endata.com/companies/35465.md) (target)

## Sources

- [business-standard.com](https://www.business-standard.com/article/companies/true-north-to-buy-votorantim-cimentos-75-stake-in-shree-digvijay-cement-118111300695_1.html), 2018-11-13: "True North has signed an agreement to buy Votorantim Cimentos' direct and indirect 75 per cent stake in Shree Digvijay Cement Company Limited (SDCCL) for an undisclosed sum."

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