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News HIL to acquire Fast Build Block

HIL to acquire Fast Build Block

Written by Global Cement staff 01 August 2022
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India: CK Birla Group’s fibre cement roofing subsidiary HIL has agreed to acquire Fast Build Blocks for US$8.22m in a ‘slump sale.’ Fast Build Blocks produces autoclaved aerated concrete (AAC) blocks in Cuttack, Odisha. Press Trust of India News has reported that HIL is using the acquisition to establish a leadership position in the Eastern Indian market.

Last modified on 03 August 2022
Published in Global Cement News
Tagged under
  • India
  • CK Birla Group
  • fibre cement
  • roofing
  • AAC
  • concrete block
  • concrete
  • Odisha
  • GCW568

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