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News JK Cement completes acquisition of Toshali Cements

JK Cement completes acquisition of Toshali Cements

Written by Global Cement staff 22 February 2024
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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
Published in Global Cement News
Tagged under
  • India
  • JK Cement
  • Toshali Cements
  • Acquisition
  • GCW648
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