UltraTech Cement Middle East Investments acquires 54% stake in Ras Al Khaimah Co. for White Cement and Construction Materials
UltraTech Cement Middle East Investments acquires 54% stake in Ras Al Khaimah Co. for White Cement and Construction Materials
07/11/24, 4:44 AM
Location
mumbai
ras al khaimahIndustry
construction
building material
manufacturing
UltraTech Cement Middle East Investments, a subsidiary of Ultratech Cement, has completed the acquisition of an additional stake in Ras Al Khaimah Co. for White Cement and Construction Materials, resulting in a controlling 54.39% shareholding. This strategic move enhances UltraTech's position in the United Arab Emirates market and solidifies its commitment to expanding its influence in the cement and construction materials sector.
Company Info
Location
Mumbai, Maharashtra, India
Company info
UltraTech Cement Ltd. is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. UltraTech as a brand embodies 'strength', 'reliability' and 'innovation'. Together, these attributes inspire engineers to stretch the limits of their imagination to create homes, buildings and structures that define the new India.