UltraTech $1.2 billion acquisition of Century’s cement business

18/5/2018

Private acquisition

Value:

$ 1.2 billion

Status:

Announced

Date:

18/5/2018

Overview:

UltraTech has acquired Century’s cement business for $1.2 billion.
The acquired business consists of three integrated plants in Madhya Pradesh, Chhattisgarh and Maharashtra and one grinding unit in West Bengal.
The division is part of the marketing, production and sale of cement named Birla Gold.

Katrin Kostadinova - Data analyst

Jurisdiction:

India

Deal type:

Private acquisition

Practice area:

M&A

Governing law:

India

Industry sector:

Industrials and manufacturing

Firms:

Khaitan & Co

Party: UltraTech Cement Middle East Investments (Acquirer)

Lawyer: Haigreve Khaitan

Trilegal

Party: UltraTech Cement Middle East Investments (Acquirer)

Lawyer: Nisha Kaur Uberoi

Vaish Associates

Party: Century Textiles and Industries (Target)

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