Heidelberg Cements is in talks with potential sellers to buy cement units in central India. However, the talks have yet not led to any material development. The company, which prefers acquisition route rather than setting up a new unit as buyouts, is preferring central region for acquisition because 85-90% of its business comes from there.
Heidelberg Cement India is one of the leading producers of building materials worldwide. The company manufactures portland slag cement and portland pozzolana cement. The company has manufacturing facilities located at Ammasandra (Karnataka), Damoh (MP) and Jhansi (UP) and has total production capacity of 5.9 million tonnes per annum.
