Acquisition History / Ambuja Cements (Adani Group) / Orient Cement

Ambuja Cements (Adani Group) Acquires Orient Cement

Announced October 22, 2024 — $915.3M

Ambuja Cements (Adani Group)Cement 2024

What happened

Ambuja Cements agreed to acquire CK Birla Group's listed Orient Cement at an equity value of about Rs 8,100 crore, buying the promoter stake and launching an open offer. The transaction adds 16.6 MTPA of operating and under-development cement capacity.

Acquirer: Ambuja Cements (Adani Group)
Target: Orient Cement
Announced: October 22, 2024
Price: $915.3M
Industry: Cement
Buyer type: Strategic acquirer
Status: Closed

By the numbers

Ambuja Cements (Adani Group)'s acquisition history

2nd of 2 tracked deals

Disclosed prices

2 of 2 Ambuja Cements (Adani Group) deals

Ambuja Cements (Adani Group)'s average disclosed price

$1.05B

Ambuja Cements (Adani Group)'s largest disclosed deal

Penna Cement Industries ($1.18B)

Tracked acquisitions in 2024

157 across all acquirers

Ambuja Cements (Adani Group) in Cement

2 acquisitions

Frequently Asked Questions About This Acquisition

When did Ambuja Cements (Adani Group) acquire Orient Cement?

Ambuja Cements (Adani Group) acquired Orient Cement on October 22, 2024. This was Ambuja Cements (Adani Group)'s 2nd publicly tracked acquisition out of 2 we have on record.

How much did Ambuja Cements (Adani Group) pay for Orient Cement?

Ambuja Cements (Adani Group) paid $915.3M for Orient Cement.

What does Orient Cement do?

What other Cement companies has Ambuja Cements (Adani Group) acquired?

Ambuja Cements (Adani Group) has made 2 acquisitions in Cement, including Orient Cement. See the full list on the Cement and Ambuja Cements (Adani Group) acquisition pages.

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