# CCI approves Nuvo Vistas' acquisition of Emami Cement

The Competition Commission of India (CCI) approved the acquisition of 100% of Emami Cement Limited by Nuvo Vistas Corporation Limited, a Nirma promoter group company. Nuvo Vistas operates cement plants in multiple Indian states, and Emami Cement has plants in West Bengal, Chhattisgarh, Bihar, and Odisha.

- Type: Acquisition
- Announced: 2020-05-21
- Where: India
- Status: announced
- Products: grey cement, Portland pozzolana cement, Portland slag cement, ordinary Portland cement, composite cement, clinker, ground granulated blast furnace slag, construction chemicals, wall putty, cover blocks
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Emami Cement Limited](https://endata.com/companies/23045.md) (target)
- [Nuvo Vistas Corporation Limited](https://endata.com/companies/47393.md) (acquirer)

## Sources

- [pib.gov.in](https://www.pib.gov.in/PressReleasePage.aspx?PRID=1625991), 2020-05-21: "भारतीय प्रतिस्पर्धा आयोग (सीसीआई) ने नुवोको विस्टास कॉरपोरेशन लिमिटेड द्वारा 'समस्त सामान्य शेयरों के आधार पर' इमामी सीमेंट लिमिटेड की कुल जारी की गई और चुकता शेयर पूंजी के 100 प्रतिशत का अधिग्रहण किए जाने को मंजूरी दे दी है।"

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