{"id":25537,"date":"2017-08-03T17:06:16","date_gmt":"2017-08-03T11:36:16","guid":{"rendered":"https:\/\/mccoymart.com\/post\/?p=25537"},"modified":"2022-07-25T10:48:40","modified_gmt":"2022-07-25T05:18:40","slug":"ultratech-locks-acquisition-jaiprakash-cement-group-business","status":"publish","type":"post","link":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/","title":{"rendered":"UltraTech locks acquisition of Jaiprakash Cement Group Business"},"content":{"rendered":"<div style=\"float: left; margin-right: 15px;\"><img decoding=\"async\" title=\"ultratech_02\" src=\"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/2017\/08\/ultratech_02.jpg\" alt=\"ultratech_02\" \/><\/div>\n<p>UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates&#8217; six integrated cement plants and five grinding units. These supposedly have a capacity of 21.2 million tonnes, combined. After this, UltraTech is not looking at making major takeovers in the near future. This acquisition makes UltraTech the fourth largest private cement company in the world and the biggest in India with capacity of 93 million tonnes per annum.<\/p>\n<p>\u201cThe focus now will be on sweating these assets, consolidating and absorbing them. We will also be investing in these assets to upgrade them. We plan to invest around Rs500-700 crore in these assets over the next couple of years,\u201d said Aditya Birla Group chairman, Kumar Mangalam Birla.<\/p>\n<p>Also as a part of the deal, Rs 12,000 crore of loans on the books of Jaiprakash Associates Ltd will move to UltraTech.<\/p>\n<blockquote><p>This move is essentially for geographic market expansion, enabling UltraTech\u2019s entry into the high growth markets of India where it needed greater reinforcement. The operations will be strengthened by the process and technological upgradation and also by enhancement in capacity utilization. Creating synergies in manufacturing, distribution and logistics offer many advantages. Furthermore, economies of scale and reduced lead-time to markets will be achieved. These will enhance competitiveness, benefit consumers, and, in turn, create value for all our stakeholders, Mr Birla added.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates&#8217; six integrated cement plants and five grinding units. These supposedly have a capacity of 21.2 million tonnes, combined. After this, UltraTech is not looking at making major takeovers in the near future. This acquisition makes UltraTech the fourth largest private cement company in &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UltraTech locks acquisition of Jaiprakash Cement Group Business&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":25538,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_links_to":"","_links_to_target":""},"categories":[18],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.10 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>UltraTech locks acquisition of Jaiprakash Cement Group Business<\/title>\n<meta name=\"description\" content=\"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates&#039; six integrated cement plants and five grinding units.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UltraTech locks acquisition of Jaiprakash Cement Group Business\" \/>\n<meta property=\"og:description\" content=\"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates&#039; six integrated cement plants and five grinding units.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\" \/>\n<meta property=\"og:site_name\" content=\"McCoy Mart\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/mccoymart\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-03T11:36:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-25T05:18:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/2017\/08\/ultratech_01.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"774\" \/>\n\t<meta property=\"og:image:height\" content=\"362\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Team McCoy Mart\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@mccoymart\" \/>\n<meta name=\"twitter:site\" content=\"@mccoymart\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team McCoy Mart\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\"},\"author\":{\"name\":\"Team McCoy Mart\",\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/person\/9c0fc28b9d1c136870c6279d85aa9b6d\"},\"headline\":\"UltraTech locks acquisition of Jaiprakash Cement Group Business\",\"datePublished\":\"2017-08-03T11:36:16+00:00\",\"dateModified\":\"2022-07-25T05:18:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\"},\"wordCount\":228,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/mccoymart.com\/post\/#organization\"},\"articleSection\":[\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\",\"url\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\",\"name\":\"UltraTech locks acquisition of Jaiprakash Cement Group Business\",\"isPartOf\":{\"@id\":\"https:\/\/mccoymart.com\/post\/#website\"},\"datePublished\":\"2017-08-03T11:36:16+00:00\",\"dateModified\":\"2022-07-25T05:18:40+00:00\",\"description\":\"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates' six integrated cement plants and five grinding units.\",\"breadcrumb\":{\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/mccoymart.com\/post\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UltraTech locks acquisition of Jaiprakash Cement Group Business\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/mccoymart.com\/post\/#website\",\"url\":\"https:\/\/mccoymart.com\/post\/\",\"name\":\"McCoy Mart\",\"description\":\"McCoy Mart\",\"publisher\":{\"@id\":\"https:\/\/mccoymart.com\/post\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/mccoymart.com\/post\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/mccoymart.com\/post\/#organization\",\"name\":\"McCoy Mart\",\"url\":\"https:\/\/mccoymart.com\/post\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/Mccoy-mart-app-logo.png\",\"contentUrl\":\"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/Mccoy-mart-app-logo.png\",\"width\":512,\"height\":512,\"caption\":\"McCoy Mart\"},\"image\":{\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.instagram.com\/mccoymart\/\",\"https:\/\/www.linkedin.com\/company\/mccoymart\/\",\"https:\/\/www.facebook.com\/mccoymart\/\",\"https:\/\/twitter.com\/mccoymart\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/person\/9c0fc28b9d1c136870c6279d85aa9b6d\",\"name\":\"Team McCoy Mart\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/mccoymart.com\/post\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/be1933a310074db3c76fa42a5e3c4321?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/be1933a310074db3c76fa42a5e3c4321?s=96&d=mm&r=g\",\"caption\":\"Team McCoy Mart\"},\"url\":\"https:\/\/mccoymart.com\/post\/author\/team-wfm\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UltraTech locks acquisition of Jaiprakash Cement Group Business","description":"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates' six integrated cement plants and five grinding units.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/","og_locale":"en_US","og_type":"article","og_title":"UltraTech locks acquisition of Jaiprakash Cement Group Business","og_description":"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates' six integrated cement plants and five grinding units.","og_url":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/","og_site_name":"McCoy Mart","article_publisher":"https:\/\/www.facebook.com\/mccoymart\/","article_published_time":"2017-08-03T11:36:16+00:00","article_modified_time":"2022-07-25T05:18:40+00:00","og_image":[{"width":774,"height":362,"url":"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/2017\/08\/ultratech_01.jpg","type":"image\/jpeg"}],"author":"Team McCoy Mart","twitter_card":"summary_large_image","twitter_creator":"@mccoymart","twitter_site":"@mccoymart","twitter_misc":{"Written by":"Team McCoy Mart","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#article","isPartOf":{"@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/"},"author":{"name":"Team McCoy Mart","@id":"https:\/\/mccoymart.com\/post\/#\/schema\/person\/9c0fc28b9d1c136870c6279d85aa9b6d"},"headline":"UltraTech locks acquisition of Jaiprakash Cement Group Business","datePublished":"2017-08-03T11:36:16+00:00","dateModified":"2022-07-25T05:18:40+00:00","mainEntityOfPage":{"@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/"},"wordCount":228,"commentCount":0,"publisher":{"@id":"https:\/\/mccoymart.com\/post\/#organization"},"articleSection":["News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/","url":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/","name":"UltraTech locks acquisition of Jaiprakash Cement Group Business","isPartOf":{"@id":"https:\/\/mccoymart.com\/post\/#website"},"datePublished":"2017-08-03T11:36:16+00:00","dateModified":"2022-07-25T05:18:40+00:00","description":"Read about UltraTech Cement has completed the Rs 16,189 crore acquisitions of Jaiprakash Associates' six integrated cement plants and five grinding units.","breadcrumb":{"@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/mccoymart.com\/post\/ultratech-locks-acquisition-jaiprakash-cement-group-business\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/mccoymart.com\/post\/"},{"@type":"ListItem","position":2,"name":"UltraTech locks acquisition of Jaiprakash Cement Group Business"}]},{"@type":"WebSite","@id":"https:\/\/mccoymart.com\/post\/#website","url":"https:\/\/mccoymart.com\/post\/","name":"McCoy Mart","description":"McCoy Mart","publisher":{"@id":"https:\/\/mccoymart.com\/post\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/mccoymart.com\/post\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/mccoymart.com\/post\/#organization","name":"McCoy Mart","url":"https:\/\/mccoymart.com\/post\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mccoymart.com\/post\/#\/schema\/logo\/image\/","url":"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/Mccoy-mart-app-logo.png","contentUrl":"https:\/\/mccoymart.com\/post\/wp-content\/uploads\/Mccoy-mart-app-logo.png","width":512,"height":512,"caption":"McCoy Mart"},"image":{"@id":"https:\/\/mccoymart.com\/post\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.instagram.com\/mccoymart\/","https:\/\/www.linkedin.com\/company\/mccoymart\/","https:\/\/www.facebook.com\/mccoymart\/","https:\/\/twitter.com\/mccoymart"]},{"@type":"Person","@id":"https:\/\/mccoymart.com\/post\/#\/schema\/person\/9c0fc28b9d1c136870c6279d85aa9b6d","name":"Team McCoy Mart","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/mccoymart.com\/post\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/be1933a310074db3c76fa42a5e3c4321?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/be1933a310074db3c76fa42a5e3c4321?s=96&d=mm&r=g","caption":"Team McCoy Mart"},"url":"https:\/\/mccoymart.com\/post\/author\/team-wfm\/"}]}},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/posts\/25537"}],"collection":[{"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/comments?post=25537"}],"version-history":[{"count":4,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/posts\/25537\/revisions"}],"predecessor-version":[{"id":25544,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/posts\/25537\/revisions\/25544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/media\/25538"}],"wp:attachment":[{"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/media?parent=25537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/categories?post=25537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mccoymart.com\/post\/wp-json\/wp\/v2\/tags?post=25537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}