Date:14/09/11,
M&A,
Domestic Deal,
Ambuja Cements Ltd, acquires 60% stake in Dirk India Pvt Ltd for INR 165.1 million. DIRK India Pvt Ltd was started by UK based Dirk Group in 2000. In 2001, it got a 30 year contract for recycling of all Pulverized Fuel Ash(PFA) from Nashik Thermal Power Station.
Dirk India set up a subsidiary-Dirk Pozzocrete MP Pvt. Ltd in 2002 to recycle PFA into POZZOCREATE (a partial cement replacement product).
During the financial year 2010-11, Dirk India generated sales of INR 5540 million and an EBITDA of INR 68 million
Dirk India set up a subsidiary-Dirk Pozzocrete MP Pvt. Ltd in 2002 to recycle PFA into POZZOCREATE (a partial cement replacement product).
During the financial year 2010-11, Dirk India generated sales of INR 5540 million and an EBITDA of INR 68 million
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