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Alcon Cement Co Pvt Ltd & ACC Ltd	Update Date: 10/15/08
Date Announced: 10/09/08
Value (million $USD): 4.7 million U.S. Dollar 222.5 million Indian Rupee

Status: Completed

TRANSACTION DETAILS
Date Announced	10/09/08
Date Originally Announced	10/09/08
Format	Acq. Part. Int.	Acquisition techniques	Not Applicable
Attitude	Friendly	Agency	n/a
Value	4.7 million U.S. Dollar 222.5 million Indian Rupee	Advisor Fees	n/a

SYNOPSIS
INDIA - ACC Ltd acquired a 40% stake in Alcon Cement Co Pvt Ltd, a cement manufacturer and wholesaler, for 222.5 mil Indian rupees ($4.674 mil US).

TARGET
Name	Alcon Cement Co Pvt Ltd
Industries	Ready-mixed concrete; Nonclay refractories; Brick, stone, and related construction materials
City	Goa
State	n/a
Nation	India
Incorporated in	n/a
Public Status	Private
Business Description	Alcon Cement Co Pvt Ltd is a manufacturer and wholesaler of cement, headquartered in India. It was founded in 1944.
Advisors	NULL
Target Sales	n/a

ACQUIROR
Name	ACC Ltd (Bombay : 500410)
Industries	Nonclay refractories; Ready-mixed concrete; Special trade contractors, nec; Concrete work; Land subdividers and developers, except cemeteries; Brick, stone, and related construction materials; Business consulting services, nec
City	Mumbai Maharashtra
State	n/a
Nation	India
Incorporated in	n/a
Public Status	Public
Business Description	ACC Ltd located in India, manufactures and wholesales ordinary portland cement, fly ash-and-slag-based cement. The Group operates in two segments: Cement and Ready Mix Concrete. The Group also manufactures special cements like low alkali, low heat, sulphate resisting and oil well cements; a wide variety of high alumina and alumina silicate refractories, refractory cements and castables, insulating products; concrete repair and grouting materials; high temperature ceramic products like tabular and bubble aluminas; manufacture and supply of ready mixed concrete; and provides consultancy services. The Group has operations only in India. On 17-Nov-2007, the Group acquired Lucky Minmat Private Limited. The company was founded in 1936.
Advisors	NULL
Acquiror Sales	1.77 billion U.S. Dollar 69.53 billion Indian Rupee

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