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Assam based company to be acquired by Dalmia Cement

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A 50 percent stake is set to be acquired by Indian cement company Dalmia Cement in Assam based Calcom Cement India.A 1 million mt/year clinker line and a 1.72 million mt/year grinding unit are operated by Calcom in the northeastern Indian state of Assam. The company is a joint venture between Vinay Cement and Assam Industrial Development Corp with a 69 percent stake and a 10.5 percent stake respectively. DEG and FMO of the Netherlands hold a 20 percent stake in Calcom.

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