Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

Nirma to buy Lafarge India for $1.4 bn


The Dollar Business Bureau The world's biggest maker of cement, LafargeHolcim Ltd, said on Monday that it will sell its share in the Lafarge India to detergent and soap maker, Nirma Ltd, for an enterprise value of around $1.4 billion (Rs.9300 crores), in line with its divestment programme. Lafarge India has three plants of cement and two grinding stations, which have a capacity to produce around 11 million tonnes per year. The company also sells aggregates and is one of India’s largest manufacturers of ready-mix concrete. ...


This post first appeared on TheDollarBusiness | Foreign Trade Magazine On Expo, please read the originial post: here

Share the post

Nirma to buy Lafarge India for $1.4 bn

×

Subscribe to Thedollarbusiness | Foreign Trade Magazine On Expo

Get updates delivered right to your inbox!

Thank you for your subscription

×