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News UltraTech Cement looking to buy Kesoram Industries

UltraTech Cement looking to buy Kesoram Industries

Written by Global Cement staff 24 November 2023
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India: UltraTech Cement, India’s largest cement producer has commenced negotiations to acquire promoters’ stakes in Kesoram Industries, which sells cement under the Birla Shakti brand. It has two cement plants: Vasavadatta Cement in Sedam, Karnataka, and Kesoram Cement, located in Basantnagar, Telangana. The two plants have a combined cement capacity of 10.8Mt/yr.

Last modified on 29 November 2023
Published in Global Cement News
Tagged under
  • India
  • UltraTech Cement
  • Acquisition
  • Kesoram Industries
  • Plant
  • Karnataka
  • Telangana
  • GCW636
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