Acquisition History / Solar Industries India Ltd / Omnia Holdings Ltd
Solar Industries India Ltd Acquires Omnia Holdings Ltd
Announced September 15, 2026 — $1.35B
What happened
Explosives maker Solar Industries India announced an all-cash acquisition of South Africa-based Omnia Holdings for about $1.355 billion, or Rs 12,951 crore. Solar Industries' shares fell 9% on the announcement as investors booked profits after a strong run. The deal is Solar's largest overseas move.
- Acquirer
- Solar Industries India Ltd
- Target
- Omnia Holdings Ltd
- Announced
- September 15, 2026
- Price
- $1.35B
- Industry
- Explosives and mining chemicals
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Solar Industries India Ltd acquire Omnia Holdings Ltd?
Solar Industries India Ltd acquired Omnia Holdings Ltd on September 15, 2026. This was Solar Industries India Ltd's 1st publicly tracked acquisition out of 1 we have on record.
How much did Solar Industries India Ltd pay for Omnia Holdings Ltd?
Solar Industries India Ltd paid $1.35B for Omnia Holdings Ltd.
What does Omnia Holdings Ltd do?
Explosives maker Solar Industries India announced an all-cash acquisition of South Africa-based Omnia Holdings for about $1.355 billion, or Rs 12,951 crore. Solar Industries' shares fell 9% on the announcement as investors booked profits after a strong run. The deal is Solar's largest overseas move.
What other Explosives and mining chemicals companies has Solar Industries India Ltd acquired?
Omnia Holdings Ltd is Solar Industries India Ltd's only publicly tracked acquisition in Explosives and mining chemicals so far.