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News Holcim considering selling Indian operations

Holcim considering selling Indian operations

Written by Global Cement staff 14 April 2022
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India: Switzerland-based Holcim is reportedly in the early stages of selling its subsidiaries Ambuja Cement and ACC. The company has held discussions with JSW, Adani Group and others, according to sources who have spoken to the Economic Times newspaper. Multinational building material producers have also been approached. Holcim has not commented on what it described as ‘rumours.’ Ambuja Cement and ACC have a combined cement production capacity of 66Mt/yr

Last modified on 20 April 2022
Published in Global Cement News
Tagged under
  • India
  • Holcim
  • Divestments
  • Ambuja Cements
  • ACC
  • JSW Cement
  • Adani Group
  • Switzerland
  • GCW553

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