UltraTech Cement Limited (NSEI:ULTRACEMCO) agreed to acquire Wonder Wallcare Private Limited for an enterprise value of INR 2.4 billion on April 3, 2025. A cash consideration will be paid by UltraTech Cement Limited.
The transaction is subject to the approval of offer by acquirer board. The deal has been approved by the board. The expected completion of the transaction is within 3 months.
UltraTech Cement Limited (NSEI:ULTRACEMCO) completed the acquisition of Wonder Wallcare Private Limited on May 29, 2025.
UltraTech Cement Limited is India's leader in producing and selling cements and construction materials. The group offers gray and white cements, granulates, ready-to-use concrete, mortars, coatings, binders, etc.
At the end of March 2021, UltraTech Cement Limited had 23 cement plants, over 130 concrete factories in India and 27 grinding facilities (of which 23 in India).
India accounts for 99.3% of net sales.
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