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Saurashtra Cement completes acquisition of Paint business of ‘Snowcem Paints’

03 May 2021 Evaluate

Saurashtra Cement has completed the acquisition of the Paint business of ‘Snowcem Paints’. The operations has commenced under ‘Saurashtra Cement - Paint Division’ with effect from May 01, 2021. 

Saurashtra Cement (SCL) is the flagship company of the Mehta Group, formed in 1956. SCL is one of the leading players in the Indian cement industry, manufacturing Ordinary Portland Cement (OPC) and Pozzolana Portland Cement (PPC).

Peers
Company Name CMP
Ultratech Cement 10680.00
Ambuja Cements 350.00
ACC 1133.45
Shree Cement 22124.35
Dalmia Bharat 1598.00
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