Solar Industries acquires Omnia for USD 1.35 billion
after close1 source ↓written by the desknot a recommendation
- approximately
- ₹12,951 cr
Solar Industries India is set to acquire Omnia Holdings for USD 1.35 billion (approximately ₹12,951 cr). This all-cash deal aims to enhance its global presence in industrial explosives and mining solutions. The acquisition is expected to close by early to mid-FY28, pending regulatory approvals.
This strategic move will bolster raw-material security and accelerate international growth, positioning Solar Industries as a key player in the global market.
Not investment advice. For informational purposes only.