# Adani Group in talks to buy Heidelberg Materials' Indian cement operations

Adani Group is in talks to acquire the Indian cement operations of Germany's Heidelberg Materials in a deal potentially worth about $1.2 billion.

- Type: Acquisition
- Announced: 2024-10-07
- Where: India
- Value: $1.20B
- Status: rumored
- Products: cement
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Adani Group](https://endata.com/companies/15392.md) (acquirer)
- [Heidelberg Materials](https://endata.com/companies/15605.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/markets/deals/adani-group-talks-buy-heidelbergs-indian-cement-operations-et-reports-2024-10-07/), 2024-10-07: "The Adani Group is in talks to buy the Indian cement operations of Germany's Heidelberg Materials in a deal that could be worth about $1.2 billion."

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