# Anjani Portland Cement to acquire controlling stake in Bhavya Cements

Anjani Portland Cement has entered into a Share Purchase Agreement to acquire a controlling stake in Bhavya Cements at a provisional price of Rs 51.53 per share.

- Type: Acquisition
- Announced: 2021-03-05
- Where: India
- Status: announced
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Anjani Portland Cement](https://endata.com/companies/30885.md) (acquirer)
- [Bhavya Cements](https://endata.com/companies/53658.md) (target)

## Sources

- [indiancementreview.com](https://indiancementreview.com/2021/03/anjani-portland-to-acquire-controlling-stake-in-bhavya-cements/), 2021-03-05: "With this acquisition, Anjani Portland Cement aims to improve its market presence with the addition of a new brand."

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