Global HeidelbergCement takeover of Italicementi completes local business plans in India

The acquisition of Italcementi by HeidelbergCement more than doubles the latter's production capacity in India, and creates the setting for an accelerated growth of the German group on the Indian market. The recently announced takeover places HeidelbergCement in the position to control over 3% of the world's second largest cement producing market, while making it the second largest player on the global cement industry.

India is one of the emerging markets with high growth potential that has been mentioned by HeidelbergCement among the regions that will drive its future growth. With a combined cement capacity of over 11.4 million tons per year in India after the completion of the Italcementi takeover, the German group is optimistic about the prospects of its Indian business, as part of the companyÔÇÖ s global operations.

Read the rest of the article in the India Cement & Construction Materials Journal Magazine, Issue 25.