# JSW Cement in early talks to acquire Heidelberg Materials' Indian unit

JSW Cement is reportedly in early-stage negotiations to acquire Heidelberg Materials' cement businesses in India, which produce 13.4 million tonnes annually.

- Type: Acquisition
- Announced: 2023-10-03
- Where: India
- Status: rumored
- Capacity: 13.4 million tonnes per year
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Heidelberg Materials](https://endata.com/companies/15605.md) (target)
- [JSW Cement](https://endata.com/companies/15683.md) (acquirer)

## Sources

- [constructionworld.in](https://www.constructionworld.in/cement-news/jsw-cement-eyes-heidelberg-materials-indian-unit-acquisition/45120), 2023-10-03: "JSW Cement, the building-materials division of the prominent Indian steelmaker JSW Group, is reportedly in the early stages of negotiations with German cement company Heidelberg Materials to acquire its cement businesses in India."

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