Anjani Portland Cement to acquire majority stake in Bhavya Cements

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India: Anjani Portland Cement has entered into a share purchase agreement to acquire a majority stake in Bhavya Cements. Bhavya Cements recorded a net turnover of US$41.9m in its 2020 financial year. It operates a 1.4Mt/yr integrated plant at Tangeda in Andhra Pradesh.

Last modified on 02 June 2021

URL: https://globalcement.com/news/item/12468-anjani-portland-cement-to-acquire-majority-stake-in-bhavya-cements

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