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HIL completes acquisition of Parador Holdings GmbH

27 Aug 2018 Evaluate

HIL through its wholly owned subsidiary, HIL International GmbH, Germany has completed the acquisition of Parador Holdings GmbH, Germany after receiving all necessary regulatory approvals including anti-trust approvals from German Federal Republic.

Post this acquisition HIL will emerge even stronger within its field globally, delivering sustainable value to all its stakeholders.

HIL is a leading player in asbestos cement sheet (ACS) for roofing, from which it derives 70 per cent of its revenue at present.

BirlaNu Share Price

1474.15 0.20 (0.01%)
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Peers
Company Name CMP
Ultratech Cement 11887.30
Ambuja Cement 458.95
ACC 1431.85
Shree Cement 25301.95
Dalmia Bharat 1972.55
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