Adani Group’s Big Move: The Ambuja-ACC-Orient Merger

In a significant development for India’s cement industry, Ambuja Cements, part of the Adani Group, has received approval for the merger of ACC and Orient Cement into the Ambuja Cements umbrella, creating a unified “One Cement Platform.” The consolidation brings together some of India’s most trusted cement brands and is aimed at strengthening the company’s market position and operational efficiency.

The merger will enable optimisation across manufacturing, logistics, and capital deployment, while eliminating structural duplication and reducing administrative costs. It also supports the adoption of a unified ESG framework, promoting sustainable practices, increased use of renewable energy, and the development of low-carbon cement solutions. As part of this strategy, Ambuja Cements plans to expand its cement production capacity from 107 million tonnes per annum (MTPA) to 155 MTPA by FY28.

The integration simplifies the corporate structure and accelerates decision-making by bringing ACC, Orient Cement, Penna, and Sanghi Cement under a single platform. Backed by a strong, debt-free balance sheet, Ambuja is well positioned to execute its growth plans.

GT Valuation Advisors and BDO Valuation Advisory have acted as independent valuers for the transaction, while IDBI Capital Markets and SBI Capital Markets have reviewed the valuation fairness. Legal advisory support has been provided by Cyril Amarchand Mangaldas and Singhi & Co.

Commenting on the development, Karan Adani, Non-Executive Director of Ambuja Cements, Adani Group, said that the consolidation marks a transformational step toward building a globally competitive, integrated cement and building materials organisation, strengthening the company’s ability to drive operational excellence, accelerate growth, and deliver sustainable long-term value.

News by Rahul Yelligetti.