KD Green Industries Renamed and Acquires Stake in Green AAC Blocks
KD Green Industries Limited has completed a strategic acquisition of 50.04 per cent of the expanded paid-up equity share capital of Green AAC Block and Mortar Private Limited (Green AAC Block and Mortar) to expand its operations in the manufacture of Green AAC blocks. The transaction secures controlling interest in a flagship group entity and is intended to consolidate branded autoclaved aerated concrete operations in North East India. Management anticipates the acquisition will support capacity growth and market reach.
Green AAC Block and Mortar owns brand and intellectual property rights of the Green AAC Block brand through a seventy-five per cent owned subsidiary and holds seventy-five per cent equity in B.R. Metallicks Private Limited, which manufactures AAC blocks under that brand. The manufacturing facility has annual capacity of 0.12 mn CM per annum and capacity utilisation is 85 to 90 per cent. The company will leverage an established dealer and channel partner network to broaden distribution across the region.
Autoclaved aerated concrete blocks are lightweight precast foam concrete noted for energy efficiency, insulation, soundproofing and lower transportation cost and are produced through a process that reduces carbon footprint. The Green AAC approach sources sand via eco friendly dredging of the Brahmaputra River and is presented as supporting responsible raw material sourcing while helping maintain river flow and depth and reducing flood risk in nearby areas. The name change and acquisition form part of a strategy by KD Group to expand sustainable building materials, recycling and steel fabrication activities.