Chettinad Cement Corporation (CCC) of India says it will acquire Anjani Portland Cement (APC) for around €11.79 million (INR 1 billion). APC has debt of €25.85 million (INR 2.22 billion), limestone reserves and a cement plant with annual output of 1.2 million tonnes.
Anjani Portland Cement to be taken over by India’s Chettinad Cement
Chettinad Cement Corporation (CCC) of India says it will acquire Anjani Portland Cement (APC) for around €11.79 million (INR 1 billion). APC has debt of €25.85 million (INR 2.22 billion), limestone reserves and a cement plant with annual output of 1.2 million tonnes.
Concrete Plants, Equipment & Applications / March 18, 2014