HomeNewsBusinessCompaniesDomsjo acquisition will offer platform for growth: Birla

Domsjo acquisition will offer platform for growth: Birla

The Aditya Birla group remains on an acquisition mode. After buying Chloro Chemicals, a division of Kanoria Chemicals and Industries for Rs 830 crore last week, it has now announced yet another significant USD 340 million acquisition in the Sweden-based, pulp & fibre company Domsjo Fibre AB.

April 19, 2011 / 11:37 IST
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The Aditya Birla Group remains on an acquisition mode. After buying Chloro Chemicals, a division of Kanoria Chemicals and Industries for Rs 830 crore last week, it has now announced yet another significant USD 340 million acquisition in the Sweden-based, pulp & fibre company Domsjo Fibre AB.

Kumar Mangalam Birla, chairman of the Aditya Birla Group, said that the acquisition has taken place via Thai units- Rayon Public Co and Indo-Bharat. 
first published: Apr 18, 2011 07:46 pm

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