# Holcim to restructure India operations, increase Ambuja Cements stake to 61.39%

Holcim will increase its shareholding in Ambuja Cements Ltd. to 61.39% through an intragroup restructuring. Ambuja will acquire Holcim's 50.01% stake in ACC Ltd. The deal involves a cash consideration of INR 35,000 million (USD ~600 million) and a stock merger. Holcim also commits to the Marwar Mundwa expansion project in North-Central India with 4.5 MTPA capacity.

- Type: Acquisition
- Announced: 2022-02-07
- Where: India
- Value: $600.0M (35.0B INR)
- Status: announced
- Capacity: 4.5 MTPA (Marwar Mundwa expansion)
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Holcim](https://endata.com/companies/15354.md)
- [Ambuja Cements](https://endata.com/companies/15069.md) (acquirer)
- [ACC](https://endata.com/companies/20080.md) (target)

## Sources

- [holcim.com](https://www.holcim.com/media/media-releases/holcim-simplifies-group-structure-india), 2022-02-07: "Holcintends to streamline the ownership structure of its operations in India in order to strengthen the existing platform and create value for all stakeholders."

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