Sagar Cements to acquire Andhra Cements for $111 million

Sagar Cements will pay $111 million to acquire Andhra Cements outright, more than doubling its capacity to 8.25 Mt/yr. It plans to invest $56.8 million in capex before 2025 to expand clinker and grinding capacity.

“Sagar Cements says that it will pay US$111m to acquire Andhra Cements outright.”globalcement.com

• 1 source
• globalcement.comSagar Cements discloses price of Andhra Cements acquisition - Cement Sector News - Global CementGlobal Cement staffFeb 20, 2023

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