A Oneindia Venture

Hindalco Share Price: Aditya Birla Group's Metal Giant To BUY 100% Stake Of AluChem For $125 MN; Time To Buy?

Hindalco Industries Limited, the metals flagship of the Aditya Birla Group, has announced the acquisition of a 100% equity stake in US-based AluChem Companies, Inc., a prominent manufacturer of Specialty Alumina, for an enterprise value of USD 125 million. The acquisition will be carried out through Aditya Holdings LLC, a stepdown wholly owned subsidiary of Hindalco. This strategic acquisition marks a significant investment in specialty alumina, a key step in scaling its high-value, technology-led materials portfolio.

Hindalco's Specialty Alumina business, a key pillar of its value-added strategy, has delivered consistent double-digit growth in recent years and emerged as a high-growth, high-margin vertical within the company's portfolio. As specialty alumina finds newer applications across cutting-edge sectors such as electric mobility, semiconductors, and precision ceramics, this acquisition propels Hindalco up the innovation curve-enabling access to next-generation alumina applications and driving value-accretive growth.

Hindalco Share Price: Metal Giant To BUY 100% Stake Of AluChem For $125 MN; BUY?

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