M&A Deal Summary

Grasim Acquires Harish Cement

On September 7, 2006, Grasim acquired building materials company Harish Cement

Acquisition Highlights
  • This is Grasim’s 1st transaction in the Building Materials sector.
  • This is Grasim’s 1st transaction in India.

M&A Deal Summary

Date 2006-09-07
Target Harish Cement
Sector Building Materials
Buyer(s) Grasim
Deal Type Add-on Acquisition

Target

Harish Cement

Sundernagar, India
Harish Cement Ltd. is a manufacturer of cement company and is based in Sundernagar, India.

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Buyer(S) 1

Buyer

Grasim

Mumbai, India

Category Company
Founded 1947
Sector Diversified
Employees27,327
Revenue 1.47T INR (2025)
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, Maharashtra.


DEAL STATS #
Overall 1 of 2
Sector: Building Materials M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: India M&A 1 of 2
Year: 2006 M&A 1 of 1
FOLLOWING 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 -