M&A Deal Summary

Grasim Acquires Aditya Birla Nuvo

On April 13, 2017, Grasim acquired diversified company Aditya Birla Nuvo

Acquisition Highlights
  • This is Grasim’s 1st transaction in the Diversified sector.
  • This is Grasim’s 2nd transaction in India.

M&A Deal Summary
Date 2017-04-13
Target Aditya Birla Nuvo
Sector Diversified
Buyer(s) Grasim
Deal Type Merger

Target

Aditya Birla Nuvo

Mumbai, India
Aditya Birla Nuvo Ltd. is a premium conglomerate company. ABNL commands a leadership position across its Financial Services, Telecom, , Linen and Manufacturing businesses.

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Buyer(S) 1

Buyer

Grasim

Mumbai, India
Category Company
Founded 1947
Sector Diversified
Employees25,929
Revenue 1.31T INR (2024)
DESCRIPTION

Grasim Industries engages in diversified products, include viscose staple fiber (VSF), grey cement, white cement, chemicals, and textiles. Grasim Industries was founder in 1947 and is based in Mumbai, India.

DEAL STATS #
Overall 2 of 2
Sector (Diversified) 1 of 1
Type (Merger) 1 of 1
Country (India) 2 of 2
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-28 Grasim - Consumer Products Division

India

Grasim Consumer Products Division, engaged in the activities of manufacturing, branding and distribution of skin care, baby care and home care wet wipes and hand sanitizers under the brands Kara, Puretta, Handys and Prim.

Sell -
Mergr

Product

Company

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