Features Jaiprakash Associates closes deal to sell cement plants 14 December, 2020 SHARE THIS ARTICLE Share Tweet Post Email LATEST Plant Expansions Dalmia Bharat launches new cement mill at Ariyalur Company invests INR 204 crore to increase May 20, 2024 Mergers & Acquisitions Buzzi to acquire full control over Cimento Nacional Cement giant secures full control in Brazil May 20, 2024 MOST READ Environment Cemvision intensifies partnership with Peab Partnership with Cemvision marks sustainability May 14, 2024 Markets & Competition Argos halts concrete production Company halts concrete production to focus on cement and May 15, 2024 Jaiprakash Associates closes deal to sell cement plants In a move that was long anticipated, Jaiprakash Associates Ltd announced it has reached an agreement with Ultratech to sell its Gujarat cement units. It took Jaiprakash Associates more than a year and a few unsuccessful attempts, to find a suitor and close a deal, in the middle of a rapidly contracting Indian economy. Jaiprakash Associates, formed in 1979, is an infrastructure conglomerate based in Noida, India, engaged in engineering, power, construction, cement, expressways, real estate and hospitality. Through its more than 30 years of service to the Indian market, the group has participated in several iconic projects such as the Yamuna Expressway and the Buddh International Circuit, venue for the annual Formula One Indian Grand Prix. The company stocks were first listed in the Bombay Stock Exchange in 1987. Read the rest of the article in the India Cement & Construction Materials Journal - Issue 14. Sign in Don't have any account? Create one SHOW Forgot your username/ password? Log in Terms Of Service Privacy Policy This site is protected by reCAPTCHA and Terms of Service apply Sign in as: User Registration * Required field Sign In Information Personal Information Agree Yes No Terms of Service:You consent that we will collect the information you have provided us herein as well as subsequent use of our platform to render and personalize our services, send you newsletters and occasionally provide you with other information. * Fields marked with an asterisk (*) are required. Register SaveCookies user preferencesWe use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.Accept allDecline allCW GroupNewsAcceptDecline