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Heidelberg Materials

Led by billionaire Gautam Adani, the group entered India’s cement industry in 2022 by buying Holcim’s local units and has made a string of acquisitions since, as it jostles for market share with top producer UltraTech Cement.

Companies & Markets

Adani Group in talks to buy Heidelberg's Indian cement operations

Dealmaking has intensified in India’s cement industry since Adani’s foray

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