Adani Group completes $10.5B acquisition of ACC and Ambuja Cements

Adani Group became India's second-largest cement producer in 2022 with its $10.5 billion acquisition of Ambuja Cements and ACC from Holcim. The group will continue using the ACC and Ambuja brands and has no plans to merge the entities.

“No disruption is expected in the usage of these legacy brands.”prelaunch.financialexpress.com

• 2 sources
• prelaunch.financialexpress.comIndia's Adani to continue using ACC, Ambuja brands; 'no plans to merge' cement units - Industry News | The Financial ExpressReutersJul 20, 2023
• indianexpress.comAdani Group to continue using ACC, Ambuja brands; ‘no plans to merge’ cement units | Business News - The Indian ExpressReutersJul 20, 2023

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