By Vivek Dubey
CNBC-TV18.com
Published June 27, 2024
Adani Group acquired Penna Cement's 14.0 МТРА capacity in 2024 for $85 per tonne, spanning south, west, and north regions. The asset was a distressed one.
Ultratech bought India Cement's 1.2 МТРА capacity in 2024, focusing on the western region. The deal involved a non-core asset.
In 2024, Adani Group acquired My Home’s 1.5 МТРА capacity for $33 per tonne, focusing on the southern region. The transaction involved a non-core asset.
Ultratech bought Kesoram's 10.8 МТРА capacity for $100 per tonne in 2023, focusing on the south and west regions. The deal involved a distressed asset.
Adani Group acquired Sanghi Industries' 6.1 МТРА capacity in 2023 for $70-75 per tonne, focusing on the western region. The asset was a distressed one.
Sagar Cement bought Andhra Cement’s 2.6 МТРА capacity for $55 per tonne in 2023, focusing on the southern region. The acquisition was an NCLT asset.
Dalmia Bharat acquired Jaypee Cement's 9.4 МТРА capacity for $75 per tonne in 2023, focusing on the central region. The asset was acquired through the NCLT process.
In 2022, Adani Group acquired Holcim’s 67.5 МТРА capacity for $164 per tonne, spanning multiple regions. The deal was driven by a change of ownership.
Nirma/Nuvoco bought Emami Cement’s 8.3 МТРА capacity for $90 per tonne in 2020, focusing on the east region. The transaction was due to Emami Group's leveraged position.
Ultratech acquired Binani Cement's 6.3 МТРА capacity for $150 per tonne in 2018, focusing on the north region. The deal was an NCLT asset acquisition.
Ultratech bought Century Cement’s 14.6 МТРА capacity in 2018 for $100 per tonne. The deal, spanning central, east, and west regions, was a change of ownership.
Dalmia Bharat acquired Kalyanpur Cement's 1.1 МТРА capacity for $40 per tonne in 2018, focusing on the eastern region. The acquisition was an NCLT asset.
In 2017, Dalmia Bharat purchased Murli Industries' 3.0 МТРА capacity for $40 per tonne in the western region. The asset was acquired through the NCLT process.
Nirma/Nuvoco acquired Lafarge India’s 11.0 МТРА capacity in 2016 for $130 per tonne, addressing a CCI hurdle after the Holcim-Lafarge merger, impacting north and east regions.
Birla Corp bought Reliance Cement's 5.6 МТРА capacity in 2016 for $130 per tonne, focusing on the central region, driven by Reliance Group's leveraged situation.
In 2016, Ultratech acquired Jaypee Cement's 21.2 МТРА capacity for $115 per tonne. This multi-region deal occurred due to Jaypee Group's leveraged position.