Tag Nuvoco Vistas to acquire Vadraij Cement

India’s Nuvoco Vistas to acquire insolvent Vadraj Cement

VadrajCement

Nuvoco Vistas, India’s 5th largest cement group, has emerged as the successful applicant to buy Vadraj Cement under the Corporate Insolvency Resolution Process. Vadraj Cement (formerly known as ABG Cement) owns a decommissioned clinker unit (photo) and grinding unit as…