Business Tycoon Gautam Adani, chairman and founder of the Adani Group tweeted “Our belief in the India story is unshakeable. Combining Holcim’s cement assets in India with our green energy and logistics will make us the world’s greenest cement company. Jan Jenisch has been terrific to work with. We welcome the Ambuja Cement & ACC Limited teams.”
Holcim has also tweeted “Holcim has signed a binding agreement for the Adani Group to acquire its business in India, comprising its 63.11% stake in Ambuja Cement, which owns a 50.05% interest in ACC, as well as its 4.48% direct stake in ACC.”
