JK Cement completes acquisition of Toshali Cements

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India: JK Cement Ltd has completed the acquisition of a 100% stake in Toshali Cements. The parties concluded their agreement in June 2023, at which time the value of the deal was reportedly US$19m.

Toshali Cements operates a 200,000t/yr cement plant and a 435,000t/yr grinding plant, both in Odisha.

Last modified on 28 February 2024

URL: https://globalcement.com/news/item/17002-jk-cement-completes-acquisition-of-toshali-cements

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