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Solar Industries acquires Omnia for $1.35 billion

PRIVATESep 26, 2026

Acquiring Company

Solar Industries India

Acquired Company

Omnia Holdings

NagpurSouth AfricaManufacturingSolarAgriculture and FarmingMining

Description

Solar Industries India has announced its acquisition of Omnia Holdings for USD 1.35 billion. This acquisition will expand Solar's global footprint in the explosives business, providing access to Omnia's established operations and capabilities. The transaction is expected to significantly enhance Solar Industries' scale and operational capabilities by FY28.

Company Information

Company

Solar Industries India

Location

Nagpur, Maharashtra, India

About

Solar Industries India is a globally recognized industrial manufacturer with a market capitalization of approximately R340bn ($21bn). The company operates primarily in two divisions: industrial explosives and defense and aerospace. Solar serves customers in over 90 countries and has an international manufacturing footprint across 11 countries.

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Frequently asked

Who acquired Omnia Holdings?

Omnia Holdings was acquired by Solar Industries India, based in Nagpur. The deal was reported on September 26, 2026. Solar Industries India is a globally recognized industrial manufacturer with a market capitalization of approximately R340bn ($21bn). Solar Industries India is privately held and operates in Manufacturing.

When did Solar Industries India acquire Omnia Holdings?

Solar Industries India's acquisition of Omnia Holdings was reported on September 26, 2026. Solar Industries India has announced its acquisition of Omnia Holdings for USD 1.35 billion. This acquisition will expand Solar's global footprint in the explosives business, providing access to Omnia's established operations and capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Omnia Holdings do?

Omnia Holdings provides specialized chemical solutions across the agriculture and mining sectors. The company has a diverse portfolio that includes production and distribution capabilities in ammonium nitrate. It is privately held, operating in Agriculture and Farming, and is based in South Africa.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 285,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.