Asian Concretes and Cements

Activity by year

202420252026

Acquisition

Jan 8, 2024ACQUISITIONNalagarh, Himachal Pradesh; Rajpura, Punjab, India$93.0M
ACC acquires 55% stake in Asian Concretes and Cements for ₹775 crore
ACC Limited, a subsidiary of Ambuja Cements, acquired a 55% stake in Asian Concretes and Cements Private Limited (ACCPL) for an enterprise value of ₹775 crore, fully funded through internal accruals. The remaining 45% was also acquired from the existing promoter, giving ACC full ownership. ACCPL and its subsidiary have a combined cement capacity of 2.8 MTPA.
Ambuja Cements partner ACC acquirer Asian Concretes and Cements target #Construction Materials thehindubusinessline.com economictimes.indiatimes.com

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Asian Concretes and Cements: plants, expansions, contracts and acquisitions · Endata