Adani Group to acquire Holcim’s India business - Seite 2

“I would like to thank our 10,700 Indian colleagues who have played an essential role in the development of our business over the years with their relentless dedication and expertise. I am convinced that the Adani Group is the right home for them as well as for our customers to continue to thrive in the future.”

Gautam Adani, Chairman, Adani Group: "With Holcim's global leadership in sustainability, we are acquiring some of the most efficient building materials operations in India, powered with clean technologies like heat recovery systems. We recognize that Ambuja and ACC operations are energy intensive and therefore when combined with our renewable power generation capabilities we gain a big head start in the decarbonization journey that is a must for Indian industry."

Ambuja Cement and ACC are among the most iconic building material brands in India, with a track record of leadership in sustainability and innovation. Their combined footprint includes 31 cement manufacturing sites and 78 ready-mix concrete plants with 10,700 people across India. Both Ambuja Cement and ACC are publicly listed companies on the Mumbai stock exchange. The transaction is subject to approval by local authorities and is expected to close in the second half of 2022.

Additional information

Media conference: 16 May, 08:30 CEST           Analyst conference: 16 May, 08:00 CEST

Switzerland: [phone]                     

France: [phone]

Germany: [phone]

United Kingdom: [phone]

United States: [phone]

India: [phone]
 

The media conference at 08:30 am CEST and the analyst’s conference at 08:00 am CEST will be held by phone on Monday, 16 May 2022.

In order to participate in the analyst’s conference and to receive more information, please go to https://www.holcim.com/investors.

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