Holcim mulls buying more assets in India

Holcim mulls buying more assets in India
Published: 14 April 2009

After acquiring majority stake in ACC and Ambuja Cements, Holcim is open to buying more good quality assets in India.
 
"We are always open to acquisition. However, nothing is brewing, as of now," Onne van der Weijde, Holcim’s Senior Vice President (South Asia) told PTI.

Weijde said that large capacity was not the prime criteria that Holcim was looking at, but the target company has to be a good fit into its existing portfolio.

"It has to be a good quality asset and a good fit into our portfolio," he said.