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Solar Industries to acquire Omnia Group

PRIVATEOct 29, 2026

Acquiring Company

Solar Industries

Acquired Company

Omnia Group

NashikSouth AfricaManufacturingEnergySolarManufacturingAgriculture and Farming

Description

Solar Industries has agreed to acquire South Africa's Omnia Group in a $1.36 billion deal. The acquisition expands Solar's presence to 110 countries from 90 and its manufacturing footprint to 25 nations. It combines Solar's industrial explosives portfolio with Omnia's mining division, BME.

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Company Information

Company

Solar Industries

Location

Nashik, Maharashtra, India

About

Solar Industries is a leading manufacturer in the explosive, defence, and aerospace sectors. The company is listed on India’s National Stock Exchange and has a market value of about $21bn. It focuses on innovation and sustainable practices in its operations. Solar Industries aims to expand its global footprint and capabilities in the explosives domain.

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Frequently asked

Who acquired Omnia Group?

Omnia Group was acquired by Solar Industries, based in Nashik. The deal was reported on October 29, 2026. Solar Industries is a leading manufacturer in the explosive, defence, and aerospace sectors. The company is listed on India’s National Stock Exchange and has a market value of about $21bn. Solar Industries is privately held and operates in Manufacturing.

When did Solar Industries acquire Omnia Group?

Solar Industries's acquisition of Omnia Group was reported on October 29, 2026. Solar Industries has agreed to acquire South Africa's Omnia Group in a $1.36 billion deal. The acquisition expands Solar's presence to 110 countries from 90 and its manufacturing footprint to 25 nations. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Omnia Group do?

Omnia Group is a South African company that manufactures specialized chemical products, explosives and agricultural solutions. Its mining division, BME, supplies bulk explosives, electronic detonation systems and digital blasting solutions. It is privately held, operating in Manufacturing, and is based in South Africa.

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