Acquisition History / ITC / Century Pulp and Paper (business of Aditya Birla Real Estate)
ITC Acquires Century Pulp and Paper (business of Aditya Birla Real Estate)
Announced April 2025 — $395.3M
What happened
ITC signed a business transfer agreement with Aditya Birla Real Estate to acquire the Century Pulp and Paper business for Rs 3,498 crore on a slump-sale basis. The Uttarakhand-based unit raises ITC's paperboards and paper capacity by more than 50% to around 1.5 million tonnes; the deal completed in August 2026.
- Acquirer
- ITC
- Target
- Century Pulp and Paper (business of Aditya Birla Real Estate)
- Announced
- April 2025
- Price
- $395.3M
- Industry
- Pulp and paper
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did ITC acquire Century Pulp and Paper (business of Aditya Birla Real Estate)?
ITC acquired Century Pulp and Paper (business of Aditya Birla Real Estate) on April 2025. This was ITC's 1st publicly tracked acquisition out of 2 we have on record.
How much did ITC pay for Century Pulp and Paper (business of Aditya Birla Real Estate)?
ITC paid $395.3M for Century Pulp and Paper (business of Aditya Birla Real Estate).
What does Century Pulp and Paper (business of Aditya Birla Real Estate) do?
ITC signed a business transfer agreement with Aditya Birla Real Estate to acquire the Century Pulp and Paper business for Rs 3,498 crore on a slump-sale basis. The Uttarakhand-based unit raises ITC's paperboards and paper capacity by more than 50% to around 1.5 million tonnes; the deal completed in August 2026.
What other Pulp and paper companies has ITC acquired?
Century Pulp and Paper (business of Aditya Birla Real Estate) is ITC's only publicly tracked acquisition in Pulp and paper so far.
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