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Adani Group acquires Holcim's stake in Ambuja

PRIVATEOct 18, 2026

Acquiring Company

Adani Group

Acquired Company

Holcim Ltd

IndiaZugEnergyMiningManufacturingEnergyRenewable EnergyConstructionBuilding MaintenanceBuilding MaterialCivil EngineeringWholesale3D Technology

Description

Adani Group entered the cement business by acquiring Holcim’s stakes in Ambuja Cements and ACC in 2022, valued at approximately $10.5 billion. This acquisition provided Adani immediate presence in the cement industry. It strengthened the group's exposure to India's infrastructure and housing demand.

Company Information

Company

Adani Group

Location

India

About

Adani Group is a multinational conglomerate company headquartered in India, with businesses spanning across sectors including ports, mining, energy, agriculture, and more. It has displayed a rapid expansion spree, acquiring ports, investing in metal refining, and collaborating with other industry giants, showcasing its commitment to growth and diversification.

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Frequently asked

Who acquired Holcim Ltd?

Holcim Ltd was acquired by Adani Group, based in India. The deal was reported on October 18, 2026. Adani Group is a multinational conglomerate company headquartered in India, with businesses spanning across sectors including ports, mining, energy, agriculture, and more. Adani Group is privately held and operates in Energy.

When did Adani Group acquire Holcim Ltd?

Adani Group's acquisition of Holcim Ltd was reported on October 18, 2026. Adani Group entered the cement business by acquiring Holcim’s stakes in Ambuja Cements and ACC in 2022, valued at approximately $10.5 billion. This acquisition provided Adani immediate presence in the cement industry. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Holcim Ltd do?

Holcim Ltd is a global leader in sustainable building solutions, providing construction materials such as cement and aggregates. The company focuses on developing innovative and energy-efficient construction practices. It is privately held, operating in Manufacturing, and is based in Zug.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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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 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.