Novelis Inc, Hindalco Industries Ltd's wholly-owned subsidiary, completes the acquisition of the US-based rolled products major, Aleris Corporation. It cements Hindalco's position as world's No.1 aluminium value-added products player.
Aditya Birla Group acquires Atlanta-based Columbian Chemicals Company from One Equity Partners. The acquisition raises Birla Carbon's annual production to two million tonnes and catapults the company to become the leading player globally in carbon black.
Hindalco acquires Atlanta-based Novelis Inc, the world's leading producer of aluminium rolled products. The deal makes Hindalco the world's largest aluminium rolling company. The acquisition also propels Aditya Birla Group to the elite Fortune 500 list of global companies.
Group company Grasim acquires the demerged cement business of Larsen & Toubro, making UltraTech the largest cement player in the country and the eighth largest in the world.
The Group acquires world rights for brands such as Louis Philippe, Allen Solly and Peter England, putting it on the fashion fast track.