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Solar Industries to acquire Omnia for $1.355 billion

RECENTLY ACQUIREDSep 29, 2026

Acquiring Company

Solar Industries India Limited

Acquired Company

Omnia Holdings Ltd

AssamSouth AfricaManufacturingSolarAgriculture and FarmingMining

Description

Solar Industries India Limited has proposed to acquire Omnia Holdings Limited for approximately $1.355 billion. This acquisition aims to strengthen SIIL's presence in Southern Africa and enhance access to Omnia's mining explosives platform and agriculture business. The transaction is expected to be finalized by the first quarter of fiscal 2028, pending regulatory approvals.

Company Information

Company

Solar Industries India Limited

Location

Assam, India

About

Solar Industries India Limited is a leading manufacturer of industrial explosives and a key player in the mining and construction sectors. The company is known for its innovative solutions and extensive product range. It also focuses on safety and efficiency in its operations. No official website is available.

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Frequently asked

Who acquired Omnia Holdings Ltd?

Omnia Holdings Ltd was acquired by Solar Industries India Limited, based in Assam. The deal was reported on September 29, 2026. Solar Industries India Limited is a leading manufacturer of industrial explosives and a key player in the mining and construction sectors. The company is known for its innovative solutions and extensive product range. Solar Industries India Limited is privately held and operates in Manufacturing.

When did Solar Industries India Limited acquire Omnia Holdings Ltd?

Solar Industries India Limited's acquisition of Omnia Holdings Ltd was reported on September 29, 2026. Solar Industries India Limited has proposed to acquire Omnia Holdings Limited for approximately $1.355 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Omnia Holdings Ltd do?

Omnia Holdings Ltd is a diversified group providing products and services to the mining and agriculture sectors. The company operates in multiple countries with a strong focus on integrated crop nutrition and mining solutions. 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 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.