RHI Magnesita to acquire Dalmia Bharat Refractories' Indian business

RHI Magnesita agreed to buy the India-based refractory business of Dalmia Bharat Refractories via a share swap for 27 million shares in RHI Magnesita India. The acquisition adds five plants and over 300,000t/yr of refractory capacity.

“We see material financial and operational benefits from the addition of the Dalmia Bharat Refractories business to our existing network.”globalcement.com

• 1 source
• globalcement.comCement industry news from Global CementGlobal Cement staffNov 23, 2022

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