# Ultratech Cement to complete Century Cement merger by September 2019

Ultratech Cement will complete the merger of Century Cement's cement business during Q2 of fiscal 2020 (by September 2019), adding 13.4 million tonnes of capacity and bringing total capacity to 117.35 million tonnes per annum.

- Type: Acquisition
- Announced: 2019-07-18
- Where: Madhya Pradesh, Chhattisgarh, Maharashtra, West Bengal, India
- Status: announced
- Capacity: 13.4 million tonnes per annum
- 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

- [livemint.com](https://www.livemint.com/companies/people/ultratech-to-complete-century-cement-merger-by-september-kumar-mangalam-birla-1563463029591.html), 2019-07-18: "The merger of Century Cement will be completed during the second quarter of the current financial year."
- [ultratechcement.com](https://www.ultratechcement.com/corporate/media/press-releases/update-on-scheme-of-demerger), 2019-09-01: "The Board of Directors of the Company at its meeting held today, has declared the Scheme of Arrangement between Century Textiles and Industries Limited (“Century”), the Company and their respective shareholders and creditors (“the Scheme”) to be effective from 1st October, 2019."

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