Adani Group's Holcim acquisition doubles India Inc's deal to $19.1 billion

15 Jun 2022 CW Team

Mergers and acquisitions, a private equity landscape, and public market activity such as IPOs are all part of the deal.

According to the Grant Thornton Bharat report, the overall transaction value decreased by 59% in May compared to April due to the $40 billion merger agreement between HDFC Bank and HDFC that was struck in April.

Adani Group and Holcim signed a formal deal last month to buy a 63.11% share in Ambuja Cement, which has a 50.05% holding in ACC, as well as a 4.48% direct investment in the company. The deal should be completed in the second half of 2022.

Apart from the Adani-Holcim agreement, the Grant Thornton study included Reliance and Bodhi Tree's $2 billion investment in Viacom18 in May. In addition, 13 more high-value purchases worth more than $100 million totalled $5.1 billion in the month under review.

In terms of volume, there were 190 deal transactions in May, up from 120 in the same month the previous year. In addition, volume climbed by 3% over the prior month.

Shanthi Vijetha told the media that start-up, e-commerce, and IT dominated the transaction volumes for the month, while manufacturing, media and entertainment, and energy topped the overall value.

In May 2022, there were roughly 40 merger and acquisition transactions worth $11.9 billion, with more than a fourth of them coming from the startup sector, which saw 11 agreements for $70 million.

Furthermore, the research stated that in May, private equity investments reached new highs in terms of value and number, totalling $7.2 billion across 150 agreements, representing a 169% increase in value and an 81% increase in deal volume.

Image Source

Also read: Adani Group acquires 63.19% stake in Ambuja Cements and ACC

The $10.5 billion acquisition of cement major Holcim by Adani Group has more than doubled India Inc's deal value to $19.1 billion in May 2022, with 190 deals. The sale was worth roughly $7.965 billion a year earlier in May. Mergers and acquisitions, a private equity landscape, and public market activity such as IPOs are all part of the deal. According to the Grant Thornton Bharat report, the overall transaction value decreased by 59% in May compared to April due to the $40 billion merger agreement between HDFC Bank and HDFC that was struck in April. Adani Group and Holcim signed a formal deal last month to buy a 63.11% share in Ambuja Cement, which has a 50.05% holding in ACC, as well as a 4.48% direct investment in the company. The deal should be completed in the second half of 2022. Apart from the Adani-Holcim agreement, the Grant Thornton study included Reliance and Bodhi Tree's $2 billion investment in Viacom18 in May. In addition, 13 more high-value purchases worth more than $100 million totalled $5.1 billion in the month under review. In terms of volume, there were 190 deal transactions in May, up from 120 in the same month the previous year. In addition, volume climbed by 3% over the prior month. Shanthi Vijetha told the media that start-up, e-commerce, and IT dominated the transaction volumes for the month, while manufacturing, media and entertainment, and energy topped the overall value. In May 2022, there were roughly 40 merger and acquisition transactions worth $11.9 billion, with more than a fourth of them coming from the startup sector, which saw 11 agreements for $70 million. Furthermore, the research stated that in May, private equity investments reached new highs in terms of value and number, totalling $7.2 billion across 150 agreements, representing a 169% increase in value and an 81% increase in deal volume. Image Source Also read: Adani Group acquires 63.19% stake in Ambuja Cements and ACC

Building Material

28 Jun 2025

Protective coatings have powered our double-digit growth

With a stronghold in the decorative segment, Berger Paints India is equally focused on scaling its industrial coatings business – an essential pillar driving its long-term growth and diversification strategy. In conversation with CW, Sanjay Chowdhury, Vice President and Business Head, Berger Paints India, shares how the division is innovating across infrastructure sectors, enhancing sustainability and positioning itself as a solution-driven partner for high-performance, large-scale projects.How does Berger’s Protective Coatings, an industrial coatings division, contribute to over..

Technology

28 Jun 2025

L&T Tech Services Wins $50 Mn+ Deal from Global Energy Major

L&T Technology Services, a global leader in engineering and technology services, announced that its Sustainability segment has been selected by one of the world's leading energy companies as its exclusive global engineering partner for Enterprise Data and Digital Services.The five-year agreement, valued at over $50 million, underscores the client’s long-term commitment to sustainability, innovation and digital transformation. This strategic partnership builds on a trusted relationship between the Client and LTTS spanning over a decade.As per the agreement, LTTS will provide Enterprise Da..

Infrastructure Energy

28 Jun 2025

ACME Solar Signs PPA with SECI for 300 MW Sikar Project in Rajasthan

ACME Sikar Solar, a wholly owned subsidiary of ACME Solar Holdings, has executed a 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for 300 MW capacity in Rajasthan at a fixed tariff of Rs 3.05 per kWh. This achievement follows the commissioning of 300 MW capacity by ACME Sikar on June 23, 2025.The said bid was won earlier under SECI ISTS XVIII Tranche, and the tariff was formally adopted by the Central Electricity Regulatory Commission (CERC) on 30th May 2025. As per the agreement, the project requires to supply power on or before June 30, 2025. The pro..

Adani Group's Holcim acquisition doubles India Inc's deal to $19.1 billion

Protective coatings have powered our double-digit growth

L&T Tech Services Wins $50 Mn+ Deal from Global Energy Major

ACME Solar Signs PPA with SECI for 300 MW Sikar Project in Rajasthan

Latest Updates

Advertisement

Recommended for you

Advertisement

Subscribe to Our Newsletter

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address

Modal Heading

First Name *

Last Name *

Industry *

Email Address *

Mobile Number *

Password *

Confirm Password *

Subscribe to our Newsletter

Email Address *

Password *

Please enter the details

Email Address