Shriram EPC to enter cement business through acquisition

Shriram EPC to enter cement business through acquisition
Published: 21 February 2012


Shriram EPC, part of the financial services major Shriram Group, is expected to enter the Indian cement sector by picking up a majority stake in Sree Jayajothi Cement, according to local press reports. Should the move be approved, Cimpor is thought to be in line as the group seeks a strategic European investor.

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