Holcim simplifies Group structure in India

 Holcim intends to streamline the ownership structure of its operations in India in order to strengthen the existing platform and create value for all stakeholders. Through intragroup restructuring, Holcim will increase its shareholding in Ambuja Cements Ltd. (“Ambuja”) to 61.39% and Ambuja in turn will acquire Holcim’s 50.01% stake in ACC Ltd. (“ACC”). Both Ambuja and ACC will continue to operate as separate entities with their own brands and go-to-market strategies. However, the restructuring will allow for closer back-end cooperation between the companies as well as simplify the group structure.


Source: Holcim (Link to full release)