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ACC looks aggressively at buyouts
February 5, 2010 08:53:05ACC, the second-largest cement player in India, is aggressively looking at expansion and acquisitions, sources close to the company said. In the last six days it acquired two plants - a grinding unit in Himachal Pradesh and a slag grinding unit in Visakhapatnam.Sources said more acquisitions are on the anvil in the current quarter too, as ACC wants to retain its market share.ACC on Thursday said it would acquire a 45% stake in Asian Concrete and Cement Pvt Ltd (Asian Cement) to enhan... Be First to give comment
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