Binani Cement Limited

Activity by year

201820192020202120222023202420252026

Acquisition

May 2, 2019ACQUISITIONIndia
UltraTech Cement acquires Binani Cement
UltraTech Cement, an Aditya Birla Group company, has acquired Binani Cement through an insolvency-driven process. The deal includes global assets such as a fibreglass company (3B) with plants in Europe and Goa, a 3 mtpa cement JV in China, and a 2.5 mtpa grinding unit in the UAE.
Ultratech Cement acquirer Binani Cement Limited target #Construction Materials thehindubusinessline.com
Oct 22, 2018ACQUISITIONRajasthan, India$1.12B
Calcutta High Court rejects block to UltraTech Cement's acquisition of Century Textiles cement business
The Calcutta High Court rejected a plea for an injunction by MP Birla Group owners against the demerger process of Century Textiles and Industries' cement business, which is being acquired by UltraTech Cement.
Ultratech Cement acquirer Century Textiles and Industries target Binani Cement Limited target #Construction Materials globalcement.com adityabirla.com

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