Acquisition History / Nuvoco Vistas Corporation Ltd / Vadraj Cement Limited
Nuvoco Vistas Corporation Ltd Acquires Vadraj Cement Limited
Announced April 3, 2025 — $203.4M
What happened
Vadraj Cement is a Gujarat cement company that was under corporate insolvency. The NCLT approved Nuvoco Vistas' resolution plan, under which Nuvoco acquires 100% of Vadraj Cement with an upfront payment of Rs 1,800 crore.
- Acquirer
- Nuvoco Vistas Corporation Ltd
- Target
- Vadraj Cement Limited
- Announced
- April 3, 2025
- Price
- $203.4M
- Industry
- Cement manufacturing
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Nuvoco Vistas Corporation Ltd acquire Vadraj Cement Limited?
Nuvoco Vistas Corporation Ltd acquired Vadraj Cement Limited on April 3, 2025. This was Nuvoco Vistas Corporation Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Nuvoco Vistas Corporation Ltd pay for Vadraj Cement Limited?
Nuvoco Vistas Corporation Ltd paid $203.4M for Vadraj Cement Limited.
What does Vadraj Cement Limited do?
Vadraj Cement is a Gujarat cement company that was under corporate insolvency. The NCLT approved Nuvoco Vistas' resolution plan, under which Nuvoco acquires 100% of Vadraj Cement with an upfront payment of Rs 1,800 crore.
What other Cement manufacturing companies has Nuvoco Vistas Corporation Ltd acquired?
Vadraj Cement Limited is Nuvoco Vistas Corporation Ltd's only publicly tracked acquisition in Cement manufacturing so far.